Bank or bust game12/23/2023 ![]() Credit ratings agency S&P Global Ratings said on Friday it expected SVB Financial to enter bankruptcy because of its liabilities. ![]() It's unclear if any buyer will step up to buy these assets without SVB Financial having filed for bankruptcy first. ![]() These assets could attract competitors and private equity firms, the sources added. Separately, SVB Financial, the parent company of Silicon Valley Bank, is working with investment bank Centerview Partners and law firm Sullivan & Cromwell to find buyers for its other assets, which include investment bank SVB Securities, wealth manager Boston Private and equity research firm MoffettNathanson, the sources said. An FDIC spokesperson did not immediately respond to a request for comment.
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