Justice Department, SEC investigating collapse of Silicon Valley Bank

The probes, which are in early stages, are being handled by prosecutors in the Justice Department's fraud section, the US Attorney's Office for the Northern District of California and the SEC, said the person, who asked not to be identified because the investigation hasn't been publicly disclosed. No one at the bank has been accused of wrongdoing and the investigation could end without charges being brought.

from News-Economic Times https://ift.tt/0kAwsuU