Silicon Valley Bank Financial in talks to sell itself after attempts to raise capital have failed, sources say

TL;DR

SVB was trying to find a buyer and hired advisors to do so after attempts by the bank to raise capital failed, the sources told Faber. Shares of the bank fell 60% on Thursday after SVB announced a plan Wednesday evening to raise more than $2 billion in capital. Global Business and Financial News, Stock Quotes, and Market Data and Analysis

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