OTC Markets EXMKT USD

SVB Financial Group (SIVBQ)

0.0500

-0.0200

(-28.57%)

At close: June 7 at 1:09 PM EDT

SVB Financial Group Enters into Definitive Agreement for the Sale of SVB Capital

SVB Financial Group (Pink Sheets: SIVBQ) today announced that it has entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners ("Pinegrove") and backed by permanent capital from Brookfield Asset Management ("Brookfield") and Sequoia Heritage, will acquire the Company's investment platform business, SVB Capital. Under the terms of the agreement, SVB Capital would be acquired for a combination of cash and other economic consideration.

PR Newswire last month

BAM

SIVBQ
-28.57%
SIVPQ
Texas Pension Fund’s Bets on Regional Banks Turn Sour

A Texas pension fund lost about $9 million over the past 13 months investing in three regional banks just days before their stock prices collapsed.

The Wall Street Journal 2 months ago

NYCB

NYCB-PA

FRCB
-33.33%
Since SVB's collapse, how has the VC ecosystem changed?

Since the collapse of Silicon Valley Bank (SVB), worries persist about where the value will land to service startups financially. SingleStore CEO Raj Verma joins Yahoo Finance to discuss the collapse of SVB and its impact on the present state of venture capital. Verma explains that the emphasis on "growth at any cost" has subsided: "I think investors are looking for a leveraged growth model and I think the companies are resulting to working on profitable growth, et cetera. So that's a big change in the Valley––or globally, I would say in the past 12 months. I do think that there isn't a dearth in capital. However, only the good companies are being able to raise capital versus the scenario in 2021 where even a mediocre company can probably raise capital. So for sure it's harder to raise capital now than it was probably 18 months ago." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 2 months ago

SIVBQ
-28.57%
SIVPQ

NYCB
The lessons NYCB needs to learn from the SVB collapse

New York Community Bank (NYCB) is under pressure as the bank's shares continue to fall on its fourth-quarter losses and lack of faith in the regional banking system. The one-year anniversary of Silicon Valley Bank's collapse approaches, causing investors to take a step back and review how the situation played out. Yale Program on Financial Stability's Associate Director of Research Steven Kelly joins Yahoo Finance to discuss NYCB, the lessons learned from the banking crisis of 2023, and how to move forward. In terms of the differences between the current situation with NYCB and SVB, Kelly differentiates the NYCB situation from SVB: "It's very much a different animal. There's much less panic this time around. So this is sort of an extension, we're talking about fragilities that ultimately go back to a higher interest rate environment, the Fed [Federal Reserve] moved very fast on interest rates in a way that the market wasn't expecting. But the market has had a year to look at banks and sort of differentiate between what's strong and what's not and what similarities... actually can drive financial distress." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 2 months ago

SIVBQ
-28.57%
SIVPQ
How regional banks are protecting themselves against losses

As the one-year anniversary of the Silicon Valley Bank collapse approaches, Yahoo Finance's David Hollerith takes a comprehensive look at the lingering woes plaguing the banking sector and the measures being implemented to combat potential future losses. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

Yahoo Finance Video 2 months ago

SIVBQ
-28.57%
SIVPQ

NYCB
SVB collapse on year later: Lessons one startup learned

The collapse of Silicon Valley Bank left many companies, mostly startups, scrambling for cash. One such company was Asian food startup Omsom. The company told customers at the time that it had all of its capital in an account at SVB. In the premier episode of the second season of Lead This Way, Omsom co-founder Vanessa Pham tells Yahoo Finance's Brooke DiPalma the lessons she learned from the crisis. Click here for the full Lead This Way episode featuring Omsom co-founder Vanessa Pham. Editor's note: This article was written by Stephanie Mikulich.

Yahoo Finance Video 2 months ago

SIVBQ
-28.57%
SIVPQ
SVB Capital Announces SVB Financial Group Will Retain Ownership of the Business and Creates New Operating Committee

SVB Capital Management, LLC ("SVB Capital"), a wholly-owned indirect subsidiary of SVB Financial Group (Pink Sheets: SIVBQ), today announced that, following a review of strategic alternatives, SVB Financial Group and its creditors have determined that retaining the SVB Capital business would result in superior value creation opportunities. In connection with mapping its go-forward strategy, SVB Capital has created a new operating committee that will oversee all aspects of the business' strategic

PR Newswire 4 months ago

SIVBQ
-28.57%
SIVPQ
SVB Financial Group Completes Sale of Investment Banking Business to Management Team Group

SVB Financial Group (Pink Sheets: SIVBQ) today announced that it has completed the sale of its investment banking business, SVB Securities LLC (now named Leerink Partners LLC), to the management team bidder group led by Jeff Leerink, Leerink Partners' Chief Executive Officer and Founder, and backed by funds managed by The Baupost Group L.L.C.

PR Newswire 8 months ago

SIVBQ
-28.57%
SIVPQ
Capital requirements overhaul will have 'significant impact' on regional banks: Reporter

Bank regulators are set to overhaul capital requirements, lowering the threshold for banks with $100 billion in assets. What will this mean for the financial system after regional bank turmoils earlier this year? American Banker National Editor Kevin Wack explains what this means for regional banks and how it inversely impacts the larger institutional banks.

Yahoo Finance Video 10 months ago

PACW

PACWP

ZION
SVB sues FDIC to retrieve $1.9 billion seized in bank failure

Silicon Valley Bank is suing the FDIC to clawback up to $1.9 billion in seized assets during the regional bank's failure earlier this year. Yahoo Finance Reporter David Hollerith joins the Live show to break down the timeline of SVB's failure.

Yahoo Finance Video 10 months ago

SIVBQ
-28.57%
SIVPQ
SVB sues FDIC to get back $1.9 billion seized during bank failure

The parent company of Silicon Valley Bank argues the FDIC hasn't offered a 'single' claim for why the money shouldn't be returned.

Yahoo Finance 10 months ago

SIVBQ
-28.57%
SIVPQ
Big banks face Fed stress test after this year's bank failiures

Big banks are set to face the Fed's stress test this Wednesday, simulating tighter conditions than last year's test after the regional bank failures in early 2023. Yahoo Finance Fed Reporter Jennifer Schonberger explains the significance of the stress test's results.

Yahoo Finance Video 11 months ago

SIVBQ
-28.57%
SIVPQ
SVB fallout: 'We welcome more regulation', says Western Alliance CFO

The banking sector is still filling in the cracks left by the collapse of Silicon Valley Bank and other regional banks. Western Alliance CFO Dale Gibbons joins Yahoo Finance Live to discuss the recovery from this year's banking crisis, the outlook on Fed rate hikes, and the need for tighter financial regulations on banks.

Yahoo Finance Video 11 months ago

WAL

WAL-PA

SIVBQ
-28.57%
Sen. Lummis talks bipartisan bill to 'claw back' failed bank exec pay

The Senate Banking Committee voted on a bipartisan bill seeking to retrieve excessive compensation from failed bank executives. Senator Cynthia Lummis (R-WY) joins Yahoo Finance Live to discuss the new bill. Lummis also spoke about her efforts to better regulate crypto.

Yahoo Finance Video 11 months ago

SIVBQ
-28.57%
SIVPQ
SVB Securities' Management Team Signs Definitive Agreement for Buyout of SVB Securities from SVB Financial Group; Firm to Rebrand as Leerink Partners

The SVB Securities management team bidder group led by CEO Jeff Leerink, and backed by The Baupost Group, today announced they have entered into a definitive agreement with SVB Financial Group (Pink Sheets: SIVBQ) to purchase SVB Securities following a competitive bidding process. Upon closing of the transaction and completion of its rebranding, Leerink Partners will continue as a leading healthcare-focused investment bank.

PR Newswire 11 months ago

SIVBQ
-28.57%
SIVPQ
SVB Financial Group Enters into Definitive Purchase Agreement to Sell SVB Securities to Management Team Group Led by Jeff Leerink and Backed by The Baupost Group

SVB Financial Group (Pink Sheets: SIVBQ) today announced that it has entered into a definitive purchase agreement with the management team bidder group led by Jeff Leerink, SVB Securities' Chief Executive Officer and Founder, and backed by funds managed by The Baupost Group L.L.C., for the sale of its investment banking business, SVB Securities. A hearing to seek required court approval is scheduled for June 29, 2023, and the transaction is expected to close shortly thereafter.

PR Newswire 11 months ago

SIVBQ
-28.57%
SIVPQ
Lawmakers to introduce guardrails on failed bank exec compensation

Lawmakers are gearing up to introduce legislation to recover compensation from executives of failed banks. Punchbowl News Financial Services Reporter Brendan Pedersen breaks down the proposal. Pedersen also discusses a new disclosure from Atlanta Fed President Raphael Bostic about his trading activity shortly before a 2022 FOMC meeting.

Yahoo Finance Video 11 months ago

SIVBQ
-28.57%
SIVPQ
Don't forget about the banking crisis as the Fed pauses rate hikes

Fed officials are keeping a close eye on the banking sector as they decide to pause rate hikes in June. RBC Capital Markets Managing Director Gerard Cassidy joins Yahoo Finance Live to examine credit conditions after this year's bank failures and the outlook for both large and regional banks.

Yahoo Finance Video 11 months ago

SIVBQ
-28.57%
SIVPQ

Performance Overview

Return	SIVBQ	S&P 500
YTD	+51.06%	+12.10%
1-Year	-85.38%	+24.82%
3-Year	-99.99%	+26.41%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

SVB Financial Group (SIVBQ)

SVB Financial Group Enters into Definitive Agreement for the Sale of SVB Capital

Texas Pension Fund’s Bets on Regional Banks Turn Sour

Since SVB's collapse, how has the VC ecosystem changed?

The lessons NYCB needs to learn from the SVB collapse

How regional banks are protecting themselves against losses

SVB collapse on year later: Lessons one startup learned

SVB Capital Announces SVB Financial Group Will Retain Ownership of the Business and Creates New Operating Committee

SVB Financial Group Completes Sale of Investment Banking Business to Management Team Group

Capital requirements overhaul will have 'significant impact' on regional banks: Reporter

SVB sues FDIC to retrieve $1.9 billion seized in bank failure

SVB sues FDIC to get back $1.9 billion seized during bank failure

Big banks face Fed stress test after this year's bank failiures

SVB fallout: 'We welcome more regulation', says Western Alliance CFO

Sen. Lummis talks bipartisan bill to 'claw back' failed bank exec pay

SVB Securities' Management Team Signs Definitive Agreement for Buyout of SVB Securities from SVB Financial Group; Firm to Rebrand as Leerink Partners

SVB Financial Group Enters into Definitive Purchase Agreement to Sell SVB Securities to Management Team Group Led by Jeff Leerink and Backed by The Baupost Group

Lawmakers to introduce guardrails on failed bank exec compensation

Don't forget about the banking crisis as the Fed pauses rate hikes

Performance Overview