SVB is a major bank for venture-back companies, and cited cash burn from clients as one reason it was looking to raise additional capital.
Silicon Valley Bank Financial in talks to sell itself after attempts to raise capital have failed, sources say
access_timeMarch 28, 2023
Latest:
- AUD/USD Rises on Positive Retail Sales Data, CPI Ahead
- EUR/USD Doesn’t Look Ripe for a Break Above 1.10 Ahead of H.8 Data
- This is not another banking crisis, analysts say — it’s ‘sentiment contagion’ instead
- DAX 40, FTSE 100 May Stabilize Further as Retail Traders Boost Bearish Exposure
- US Dollar Struggles to Gain Ground as Treasury Yields Leap. Where to for USD?
- Gold Could Find It Tough to Crack $2000
- Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead
- Crude Oil Price Surges on Easing Banking Woes and Supply Issues. Higher WTI?
- Natural Gas Price Outlook: Downside Momentum Fading with Falling Wedge in Focus
- EUR/USD Bolts Toward Trendline Resistance, GBP/USD Threatens Bullish Breakout
The leading Portal For Forex Education And News