SVB in talks to sell itself after attempts to raise capital fail
1–10 of 310 posts
Re: SVB in talks to sell itself after attempts to raise capital fail
#2that was fast
Re: SVB in talks to sell itself after attempts to raise capital fail
#3How is it possible for SVB to not have a bank run at this point?
Re: SVB in talks to sell itself after attempts to raise capital fail
#4[flagged]
Re: SVB in talks to sell itself after attempts to raise capital fail
#5How is it possible for SVB to not have a bank run at this point?
I think that very soon they will halt withdraws. Everyone I know already did it or is doing today. Many only had a SVB account, and need some time to open another account to transfer it. (International Startups)
Re: SVB in talks to sell itself after attempts to raise capital fail
#6How is it possible for SVB to not have a bank run at this point?
This headline is part of the bank run they are currently experiencing.
Re: SVB in talks to sell itself after attempts to raise capital fail
#7[flagged]
Can you explain this a bit?
Re: SVB in talks to sell itself after attempts to raise capital fail
#8How is it possible for SVB to not have a bank run at this point?
They’re having one. This sale is almost certainly partially brokered by the FDIC, like Silvergate was, some big bank that can handle the outflows will probably acquire them
Re: SVB in talks to sell itself after attempts to raise capital fail
#9that was fast
"How did you go bankrupt?"
"Two ways. Gradually, then suddenly.”
― Ernest Hemingway, The Sun Also Rises
Re: SVB in talks to sell itself after attempts to raise capital fail
#10And there. They’re Wachovia’d/Bear’d. Big stuff, they were bigger than IndyMac and almost as big as WaMu. I doubt banks will actually start going bankrupt but it’s certainly concerning, the European IBs are important to watch