As part of that process, SVB Financial is also disclosing some of the financial state of the holding company, which had a market cap of about $12 billion before shares plunged last Friday as depositors made a run on the bank. As Silicon Valley Bank\u2019s longtime CEO, Greg Becker, launched a Zoom call to provide context around an 8-K filed by the bank the previous day, a growing percentage of Rippling\u2019s engineering team joined the Slack conversation from different parts of the country to hash out a way to move the company\u2019s banking and payment rails away from SVB to JPMorgan. government,” he said, reiterating that SVB Bank, SVB Securities, and SVB Capital are not included in the bankruptcy filing, as per the earlier statement