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SVB Financial files for Chapter 11 bankruptcy protection in the SDNY's Bankruptcy Court and “believes it has approximately $2.2B of liquidity” (Ingrid Lunden/TechCrunch) 17-03-2023

Ingrid Lunden / TechCrunch:
SVB Financial files for Chapter 11 bankruptcy protection in the SDNY’s Bankruptcy Court and “believes it has approximately $2.2B of liquidity”  —  One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank and other subsidiaries …


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