Ticker:SIVBQ Company type:Public Revenues ($M):$7,401 Profits ($M):$1,672 Market value ($M):$54 Number of employees:8,553 Filed for Chapter 11 bankruptcy protection, March 17, 2023. Federal Deposit Insurance Corporation was appointed as receiver of wholly owned subsidiary, Silicon Valley...
A Goldman spokeswoman said that beforethe portfoliosale, Goldman"informed SVB in writing that we would not act as their adviser on the sale, and that SVB should not rely on any advice from the bank in this regard, but instead hire a third-party financial adviser." Goldman bankers sent a ...