Home » Economy » SVB Financial Group Explores Strategic Alternatives for SVB Capital and Other Assets: Latest Developments & Updates

SVB Financial Group Explores Strategic Alternatives for SVB Capital and Other Assets: Latest Developments & Updates

2023-06-21 21:34:44

SVB Financial Group said on Wednesday it continued to evaluate strategic alternatives for its fund management business, SVB Capital, and other assets.

The statement comes days following the bankrupt company announced it would sell its investment banking division, SVB Securities, to a group led by the segment’s chief executive.

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