Saturday, March 11, 2023

SVB’s auction block includes VC-focused lender, wealth unit

SVB’s auction block includes VC-focused lender, wealth unit Silicon Valley Bank was seized by regulators on March 10 amid a run on deposits and an aborted push to raise capital.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/svb’s-auction-block-includes-vc-focused-lender-wealth-unit_16923661.html

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