TIAA Sues Ex-SVB Execs Over Losses From Bank's Failure

Gunnar Larson g at xny.io
Mon Jan 29 06:36:29 PST 2024


The teachers have to sue sometimes....

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TIAA Sues Ex-SVB Execs Over Losses From Bank's Failure
<https://www.law360.com/banking/articles/1790732?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-29&read_main=1&nlsidx=0&nlaidx=7>

By Katryna Perera

Former directors and executives of Silicon Valley Bank have been hit with a
suit in California federal court by financial services giant TIAA
over losses it allegedly suffered when the bank imploded under the weight
of a bulging portfolio of interest rate-sensitive assets.

 Complaint attached | Read full article »
<https://www.law360.com/banking/articles/1790732?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-29&read_more=1&nlsidx=0&nlaidx=7>
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<https://www.law360.com/banking/articles/1790732?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-29&read_later=1&nlsidx=0&nlaidx=7>
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