Silicon Valley Bank's Parent Looking at Strategic Alternatives

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Silicon Valley Bank's Parent Looking at Strategic Alternatives
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The parent company of Silicon Valley Bank has a couple of other subsidiaries and is exploring strategic alternatives. Aoyon_A reports

SVB Financial Group , the parent company of the failed Silicon Valley Bank , has formed a restructuring committee for its venture capital and investment banking arm to explore strategic alternatives.

SIVB's venture capital unit SVB Capital and investment banking arm SVB Securities are not part of Silicon Valley Bank, which is undergoing resolution under the jurisdiction of the Federal Deposit Insurance Corporation and Federal Reserve, the company said in a

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