SVBs

Article content (Bloomberg) — Canada’s banking regulator seized control of SVB Financial Group’s branch in the country and said it will seek a legal order to wind up the operation.  Article content Peter Routledge, the country’s…

Breadcrumb Trail Links PMN Business As US regulators seek a buyer for the remnants of SVB Financial Group, they’ll be working to find a home for sprawling commercial-banking operations, a wealth unit, an investment bank and a…

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Silicon Valley Bank is bust. With $212bn in assets and a market capitalisation of $16bn as recently as Wednesday, it is by far the biggest bank failure since the global financial crisis. SVB is worlds away from Silvergate, the tiny…