The Latest Breaking News from SVB Financial

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

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…

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

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

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

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.

“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.

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.

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.