SVB Financial Creditors OK’d to Probe BlackRock, McKinsey, FDIC

Creditors of Silicon Valley Bank’s bankrupt parent obtained court approval to serve subpoenas on a bevy of people and entities tied to the fallen bank, including 30 current and former directors and officers, and consultants McKinsey & Co., BlackRock Inc., and Goldman Sachs & Co.

The requests for subpoenas and depositions, due within 21 days of being received, were granted on Monday by Judge Martin Glenn of the US Bankruptcy Court for the Southern District of New York.

The requests are part of an investigation by SVB Financial Group LLC’s creditors committee into the events leading to the ...