by kxter on 3/10/23, 3:08 PM with 1 comments
SVB Financial Group stock SIVB, is retaining advisers for a potential sale of the company amid a liquidity crunch, CNBC-TV’s David Faber reported on Friday. The company is not being successful in efforts to raise more cash, he said. The stock has been halted since shortly after 8:30 a.m. Eastern Time.
by senttoschool on 3/10/23, 3:35 PM
The most likely outcome is a bigger bank will come in and buy it.