Date:
[ad_1]
The parent company of Silicon Valley Bank filed for bankruptcy, easing a sale of its remaining assets after the technology-focused bank at the core of its business was seized by federal regulators.
SVB Financial Group filed for chapter 11 protection on Friday in New York bankruptcy court, the largest bankruptcy filing stemming from a bank failure since Washington Mutual Inc. in 2008.
[ad_2]
Source link
Popular Posts
Usbusinessnews is started with the aim to provide the latest trending news to our community on any topic around the world. We know it is not possible to catch all the news around the world, and that’s why we are open for all to share their thoughts and their valuable writing skills on our blog.
Email-contact@usbusinessnews.org
© 2022 All Rights Reserved. Made with Usbusinessnews.org.
