The Latest Breaking News from SVB Financial

Silicon Valley Bank’s former owner sues US watchdog for $1.9bn

Federal Deposit Insurance Corporation accused in lawsuit of violating US bankruptcy law.

Al Jazeera · Jul 10, 2023

SVB Securities to be rescued from limbo by end of May auction

According to SVB’s most recent bankruptcy filings, the company’s investment banking arm will be put on the block in May.

Fortune · Apr 28, 2023

Jason Lee's last startup to launch in a month

Jason Lee's last startup was DailyPay, which raised over $1 billion, including $175 million in equity capital and the remainder in a revolving credit facility and a term loan. (SVB Capital, the venture capital and credit investment arm of SVB Financial Group, provided a small portion of the DailyPay term…

Fortune · Mar 29, 2023

‘It’s a big failure for us.' Sweden’s largest pension fund invested in both Silicon Valley Bank and Signature Bank before they failed

“We need to learn something from that and take actions based upon the lessons learned," Alecta CEO Magnus Billing told Bloomberg on Tuesday.

Fortune · Mar 14, 2023

SVB is getting diced up for potential buyers

Investment banking, venture capital and more are on the block, but senior management are out the door.

Fortune · Mar 14, 2023

SVB’s other businesses are on the block: What’s for sale and who may be a buyer?

SVB Financial named a restructuring committee to seek out alternatives for its non-banking units.

Fortune · Mar 14, 2023

SVB cash crunch highlights $620 billion hole in banks’ balance sheets

The spike in interest rates has been devastating for the value of their securities portfolios, meaning many carry around billions in unrealized losses that could pose a problem if funding dries up.

Fortune · Mar 10, 2023

Silicon Valley Bank’s parent is reportedly struggling to pull off a fire sale after its stock blew up and it failed to raise capital

“It doesn’t smell good right now, and there’s a lot of panic,” a venture investor who spoke with dozens of SVB clients told Fortune Thursday.

Fortune · Mar 10, 2023

Earnings Outlook For SVB Financial

SVB Financial (NASDAQ:SIVB) is set to give its latest quarterly earnings report on Thursday, 2022-04-21. Here's what investors need to know before the announcement. Analysts estimate that SVB Financial will report an earnings per share (EPS) of $5.66.

Benzinga · Apr 20, 2022

SVB Financial's Earnings Outlook

SVB Financial (NASDAQ:SIVB) is set to give its latest quarterly earnings report on Thursday, 2022-01-20. Here's what investors need to know before the announcement. Analysts estimate that SVB Financial will likely report an Earnings Per Share (EPS) of $6.51.

Benzinga · Jan 19, 2022