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SVBs

Stock Market

SVB’s New Owner, the FDIC, Gives Workers 45 Days of Employment

March 11, 2023
SVB’s New Owner, the FDIC, Gives Workers 45 Days of Employment

[ad_1] (Bloomberg) — The Federal Deposit Insurance Corporation added a few new employees to its payroll late Friday, taking on…

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Stock Market

SVB’s Balance-Sheet Time Bomb Was ‘Sitting in Plain Sight,’ Short Seller Says

March 10, 2023
SVB’s Balance-Sheet Time Bomb Was ‘Sitting in Plain Sight,’ Short Seller Says

[ad_1] (Bloomberg) — The problems that triggered SVB Financial Group Inc.’s death spiral were hiding in plain sight in the…

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Stock Market

Short Sellers Make $500 Million on SVB’s Demise. Collecting Won’t Be Easy

March 10, 2023
Short Sellers Make 0 Million on SVB’s Demise. Collecting Won’t Be Easy

[ad_1] (Bloomberg) — SVB Financial Group’s record plunge on Thursday minted short sellers roughly half a billion dollars in paper…

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