Urgent.News

What's breaking now, across thousands of outlets.

Business

SVB parent not entitled to $1.7B from FDIC

Silicon Valley Bank’s former parent company will not get $1.7 billion from the Federal Deposit Insurance Corp., a federal judge ruled, because some executives made decisions that led to SVB’s bankruptcy.

We haven't written up this one. Banking Dive has the full story — the link below goes straight to it.

Read the original at bankingdive.com →

More in Business

Trump vows response to latest Iran attacks on US bases

President Donald Trump on Monday said the US would respond forcefully to an overnight Iranian attack on American bases in Jordan and the UAE . “We’re going to hit them hard,” he told Fox News. “There will be a response.” Mr Trump said US air defences intercepted all but one of the Iranian missiles.

More from Monday 31 August →