SVB Financial Files for Chapter 11 Bankruptcy Protection

  • SVB Financial files for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court.
  • One week after trading was halted for SVB Financial, regulators took control of the holding company for Silicon Valley Bank and other subsidiaries.
  • SVB Financial has $2.2 billion in liquidity.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications