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TheStreet.com
SVB Can’t Find a Buyer Because of One Issue
SVB Financial Group , the parent company of Silicon Valley Bank, has put itself and its subsidiaries up for sale. The parent company, whose stock will be delisted by the Nasdaq, is selling its subsidiaries, SVB Capital and SVB Securities, plus additional assets and investments. SVB Securities operates as its investment banking division while SVB Capital serves as a venture capital and private credit fund, and SVB Securities is the investment banking business.
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