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SVB Financial's attempts to raise capital failed; in talks for sale - report

Mar. 10, 2023 9:11 AM ETSVB Financial Group (SIVBQ)BKXBy: Liz Kiesche, SA News Editor111 Comments

Silicon Valley Bank headquarters and branch

Sundry Photography/iStock Editorial via Getty Images

SVB Financial (NASDAQ:SIVB) has failed in attempts to raise capital, and has started talks to sell itself, CNBC reported Friday, citing unnamed sources.

The news comes after the parent of Silicon Valley Bank

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