News & Analysis as of

Wire Transfers Federal Deposit Insurance Corporation

Wilson Sonsini Goodrich & Rosati

Important Tips When Establishing New Bank Accounts and Updating Wire Transfer Information

With the Federal Deposit Insurance Corporation’s (FDIC) takeover of Silicon Valley Bank (SVB), we expect a number of entities to begin establishing new bank accounts and updating wire transfer information. This creates...more

Fox Rothschild LLP

Be Alert to Scams Perpetrated by Cybercriminals Capitalizing on the Collapse of Silicon Valley Bank

Fox Rothschild LLP on

Following the collapse and federal takeover of Silicon Valley Bank (SVB) on Friday, March 10, scam artists wasted no time preying on the bank’s customers. Reports have surfaced of an email scam that initially targeted...more

Orrick, Herrington & Sutcliffe LLP

Policyholder Insider Quarterly

Some Words Are More Equal Than Others: BancInsure vs. FDIC - In George Orwell's "Animal Farm", the governing principle that "all animals are equal" was revised by the pigs, who had ascended into power, to "all animals...more

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