SVB Financial Group Stock News

When Silicon Valley Bank's collapse was first unfolding, a belated disclosure colored some of the chaos: the bank spent most of last year without a chief risk officer, and the one who left sold more than $4 million of stock in the bank before departing.

Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of SVB Financial Group (NASDAQ: SIVB) (OTC: SIVBQ) between June 16, 2021 and March 10, 2023, inclusive (the "Class Period"), of the important May 12, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

Propelled by the bankruptcy of Silicon Valley Bank's parent SVB Financial Group and other deals, U.S. bankruptcies jumped in March to the highest level in three years, in a sign of a cooling economy.

Tim Mayopoulos and Greg Carmichael were called up and sprang into action to calm panicked customers and employees.

Two lawmakers are asking Silicon Valley Bank depositors if their executives received personal perks from the bank. In a letter dated Sunday (April 9) and sent to the companies, Sen.

Democratic lawmakers sent letters to 14 of the largest depositors at Silicon Valley Bank, seeking details about the lender's "unusually cozy" relationships with its well-heeled clients.

There are stocks to buy and hold for decades as a wealth-building strategy. SVB Financial Group (OTCMKTS: SIVBQ ) stock definitely doesn't fall into that category.

What does the downfall of Silicon Valley Bank mean for the venture debt sector? It's a question asked by a Monday (April 10) report in The Wall Street Journal (WSJ) report, which noted that SVB had helped pioneer the crucial-for-startups venture debt field.