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SVB Financial confirms that Goldman was buyer of underwater securities last week

Mar. 14, 2023 7:52 PM ETSVB Financial Group (SIVBQ)GSBy: Joshua Fineman, SA News Editor32 Comments

Goldman Sachs Expected To Cut Hundreds Of Jobs This Month

Michael M. Santiago

SVB Financial (NASDAQ:SIVB) confirmed that Silicon Valley Bank sold a portfolio of securities with a book value of $23.97 billion to Goldman Sachs (GS) last week before the bank was shut down by the FDIC.


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