Tag: svb financial group
First Citizens inches closer to SVB acquisition: Report
First Citizens BancShares Inc. is in advanced talks to acquire Silicon Valley Bank after its collapse earlier this month, according to people familiar with the…
SVB Financial group seeks bankruptcy protection amid banking crisis
SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets, days after…
SVB Bankruptcy: SVB Financial seeks bankruptcy protection for reorganisation
SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets, days after…
silicon valley bank: Silicon Valley Bank parent, CEO, CFO are sued by shareholders for fraud
SVB Financial Group and two top executives were sued on Monday by shareholders who accused them of concealing how rising interest rates would leave its…
silicon valley bank: Silicon Valley Bank collapse: More than 400 VC funds issue statement supporting SVB
More than 400 venture capital firms have issued a joint statement in support of the recently collapsed California-based Silicon Valley Bank (SVB), a major lender…
silicon valley bank: UK races to minimise damage from Silicon Valley Bank collapse
British finance minister Jeremy Hunt said on Sunday he was working with Prime Minister Rishi Sunak and Bank of England Governor Andrew Bailey to “avoid…
svb: SVB in talks to sell itself, as crisis triggers global banking rout
SVB Financial Group‘s efforts to raise money have failed and the troubled bank was in talks to sell itself, CNBC reported on Friday, as a…