SVB Financial is also looking for a buyer for SVB Securities and its SVB Capital VC division  

By Editor - Mon Mar 13, 10:16 am

• Comments Off on SVB Financial is also looking for a buyer for SVB Securities and its SVB Capital VC division
• Tweet

Frenetic buyer interest in SVB Bank may have cooled a little this morning after the U.S. government announced a backstop , with existing deposits covered while SVB Bank remains under the control of the FDIC. But in the meantime, the rest of SVB Financial is getting dismantled. SVB Financial, the holding company parent of the failed SVB Bank, said today that it was formally seeking strategic alternatives — buyers or otherwise — for SVB Capital and SVB Securities, two subsidiaries not directly connected to the collapsed bank. SVB Capital has $9.5 billion in assets under management, while SVB Securities has been around in one form or another since 1999

View original post here:

SVB Financial is also looking for a buyer for SVB Securities and its SVB Capital VC division

• Comments Off on SVB Financial is also looking for a buyer for SVB Securities and its SVB Capital VC division
• Tweet