Silicon Valley Bank Collapse news and trends

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SVB Capital Could Sell for $500 Million; Scaramucci Among Bidders

September 17, 2023
Silicon Valley Bank’s former owner is reportedly close to selling its venture capital business. SVB Capital has attracted two top bidders, The Wall Street Journal (WSJ) reported Friday (Sept. 15), citing sources familiar with the matter. Those potential buyers include SkyBridge Capital, and Atlas Merchant Capital — both working together — and Vector Capital. SkyBridge was founded by Anthony Scaramucci, […]