The bankrupt parent company of failed Silicon Valley Bank is seeking access to frozen funds from regulators who seized the bank unit and removed $2 billion of its cash.SVB Financial Group, which filed for bankruptcy on Friday, in court filings accused the FDIC of 'improper actions' to cut off access to cash deposited at its former banking unit, which was seized by regulators to stem a national bank run.Though the FDIC guaranteed the uninsured deposits at Silicon Valley Bank, including the cash deposits of the parent firm, regulators said they had frozen SVB Financial's accounts as part of an ongoing investigation into potential claims against the parent company.
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