Tag: SVB

Here you will find all the articles with the tag: SVB.

Silicon Valley Bank’s parent company files for Chapter 11 in NY

Silicon Valley Bank’s parent company files for Chapter 11 in NY

The company operated Silicon Valley Bank until financial regulators closed the latter company last Friday. Clients’ deposits were moved to a new entity on Monday. The new entity, Silicon Valley Bridge Bank, is operated by the Federal Deposit Insurance Corporation. SVB Financial Group continu... Read more

date1 year ago