{"id":1953530,"date":"2023-06-21T19:58:01","date_gmt":"2023-06-21T23:58:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bankrupt-svb-financial-still-exploring-options-for-venture-capital-arm\/"},"modified":"2023-06-21T19:59:35","modified_gmt":"2023-06-21T23:59:35","slug":"bankrupt-svb-financial-still-exploring-options-for-venture-capital-arm","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bankrupt-svb-financial-still-exploring-options-for-venture-capital-arm\/","title":{"rendered":"SVB Financial, despite bankruptcy, continues to explore options for its VC arm."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbankrupt-svb-financial-still-exploring-options-for-venture-capital-arm%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1953530&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p>(Reuters) &#8211; Bankrupt SVB Financial Group is actively exploring strategic alternatives for SVB Capital, its venture capital and credit investment arm, along with other assets and investments.<\/p>\n<p>This exciting development comes just days after the company announced the sale of its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rbc-cuts-10-investment-banking-jobs-in-u-s-spokesperson-says\/\" title=\"RBC cuts 10 investment banking jobs in U.S., spokesperson says\">investment banking division<\/a>, SVB Securities, to a group led by the segment&#8217;s CEO.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>SVB Financial faced bankruptcy following the failure of its former unit, Silicon Valley Bank, in March, which triggered the worst U.S. banking crisis in 15 years.<\/p>\n<p>To salvage the situation, U.S. regulators intervened and facilitated a deal for regional lender First Citizens BancShares to acquire the failed Silicon Valley Bank.<\/p>\n<p>While the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bankrupt-svb-financial-still-exploring-options-for-venture-capital-arm\/\" title=\"SVB Financial, despite bankruptcy, continues to explore options for its VC arm.\">banking crisis caused significant concerns<\/a>, recent weeks have seen some stabilization in deposits, leading to an 8.3% increase in the KBW Regional Banking Index this month. However, the index remains more than 20% lower than its level in early March when the crisis began.<\/p>\n<p>A hearing to approve the sale of SVB Securities is scheduled for June 29 in the United States Bankruptcy Court for the Southern District of New York. The deal is expected to close shortly thereafter, as confirmed by SVB Financial.<\/p>\n<p> (Reporting by Niket Nishant in Bengaluru; Editing by Devika Syamnath)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/bankrupt-svb-financial-still\/attachment\/german-branch-of-svb-in-frankfurt\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Parents at Glendale Unified School District are demanding transparency from school officials regarding the curriculum taught to their children.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Lily Tang Williams, a Chinese-American who survived Mao&#8217;s cultural revolution in China, draws chilling parallels between Mao&#8217;s Communist tactics and America&#8217;s woke revolution.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The House is once again preparing to vote on whether to censure Representative Adam Schiff. Representative Anna Paulina Luna is leading the charge, accusing Schiff of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-candidate-eric-early-and-alicia-summers-discuss-the-effort-to-censure-representative-adam-schiff\/\" title=\"Eric Early and Alicia Summers discuss censuring Rep. Adam Schiff.\">spreading alleged falsehoods<\/a> about Trump-Russia collusion and betraying the trust of his constituents.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Arizona Congressman Andy Biggs discusses the common thread between the indictment of President Trump and the Russian collusion narrative known as Crossfire Hurricane.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) &#8211; Bitcoin continues its rally for the third consecutive day, reaching its highest level since mid-April. This surge is fueled by BlackRock&#8217;s plan to create&#8230;<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Byron Kaye SYDNEY (Reuters) &#8211; An Australian cyber regulator has demanded that Twitter explain its handling of online&#8230;<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) &#8211; Intelsat SA has decided to end negotiations with SES SA as the two companies were unable to reach an agreement&#8230;<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Sheila Dang (Reuters) &#8211; Twitter has resumed paying Alphabet&#8217;s Google Cloud for its services, according to a person familiar with the matter&#8230;<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bankrupt SVB Financial Group is assessing options for SVB Capital, its venture capital and credit investment arm, along with other assets and investments. This announcement follows the recent agreement to sell SVB Securities, its investment banking division, to a group led by the division&#8217;s leaders.<\/p>\n","protected":false},"author":66,"featured_media":1953531,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[8651,7740,7046,5847,4263,7744,21356],"class_list":["post-1953530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-arm","tag-bankruptcy","tag-continues","tag-explore","tag-financial","tag-options","tag-svb"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1953530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1953530"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1953530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1953531"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1953530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1953530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1953530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}