Class-action lawsuit seeking damages alleges that tech-focused bank failed to disclose risks from interest rate hikes. Silicon Valley Bank’s parent company and
Wall Street banks have shown deep falls in their investment banking businesses in the fourth quarter, prompting thousands of job cuts, but
Caroline Ellison, Bankman-Fried’s colleague, said she agreed with him to hide the loans from FTX investors. Sam Bankman-Fried and other FTX executives