SVB Financial Group Reportedly Looks to Sell After Trading Halted

SVB Financial Group Reportedly Looks to Sell After Trading Halted

Upworthy

Published

SVB Financial Group has reportedly ended its plan to raise capital and is looking to sell. The parent company of Silicon Valley Bank — which has been beset by customer withdrawals and plummeting stock price in recent days — is now working to sell to a large financial institution, sell a stake to a…

#svbfinancialgroup #siliconvalleybank #wsj #svb #jpmorgan #bankofamerica #wellsfargo #citigroup #fintechs #siliconvalleybanks

Full Article