SVB Financial Group

Creditors Want SVB Parent to File for Bankruptcy
Creditors Want SVB Parent to File for Bankruptcy
March 15, 2023  |  Banking

A group of creditors for Silicon Valley Bank’s parent are reportedly pushing the company to file for bankruptcy. The group, most of which bought SVB...

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Class-Action Lawsuit Alleges Silicon Valley Bank Didn’t Disclose Risk
Class-Action Lawsuit Alleges Silicon Valley Bank Didn’t Disclose Risk
March 13, 2023  |  Banking

A lawsuit alleges that Silicon Valley Bank’s parent company did not disclose risk to investors. The class-action complaint alleges that because of failure to disclose...

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Silicon Valley Bank Closure Impacts Hundreds of Startups and VCs
Silicon Valley Bank Closure Impacts Hundreds of Startups and VCs
March 10, 2023  |  Digital-First Banking

The closure of Silicon Valley Bank has impacted startups and venture capital firms. Hundreds of such firms did their banking and kept billions of dollars...

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As Silicon Valley Bank Folds, Can FinTech Outrun the Bank Runs?
As Silicon Valley Bank Folds, Can FinTech Outrun the Bank Runs?
March 10, 2023  |  Digital-First Banking

Silicon Valley Bank has collapsed. The regulators have circled the wagons. The damage is contained.  Maybe.   Maybe just for a day, because who knows what...

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State Regulator Closes Silicon Valley Bank and Appoints FDIC Receiver
State Regulator Closes Silicon Valley Bank and Appoints FDIC Receiver
March 10, 2023  |  Digital-First Banking

Silicon Valley Bank has been taken over and closed by a state financial regulator. The California Department of Financial Protection and Innovation (DFPI) took possession of the...

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SVB Financial Group Reportedly Looks to Sell After Trading Halted
SVB Financial Group Reportedly Looks to Sell After Trading Halted
March 10, 2023  |  Banking

SVB Financial Group has reportedly ended its plan to raise capital and is looking to sell. The parent company of Silicon Valley Bank — which...

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SVB Financial Group Share Trading Halted After 68% Premarket Plunge
SVB Financial Group Share Trading Halted After 68% Premarket Plunge
March 10, 2023  |  Banking

SVB Financial Group share trading was halted Friday (March 10) after a 68% premarket plunge. This move followed a 60% drop in the share price...

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Silicon Valley Bank to Buy Research Firm MoffettNathanson
Silicon Valley Bank to Buy Research Firm MoffettNathanson
December 13, 2021  |  Acquisitions

Silicon Valley Bank’s parent company, SVB Financial Group, will acquire technology, media and telecom research firm MoffettNathanson, SVB announced Monday (Dec. 13). The deal will...

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SVB Financial Plans To Acquire Boston Private Financial For $900 Million
SVB Financial Plans To Acquire Boston Private Financial For $900 Million
January 05, 2021  |  Acquiring

SVB Financial Group plans to acquire Boston Private Financial Holdings for about $900 million. The merger deal means that Boston Private shareholders would get 0.0228...

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