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BullNBear52

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BullNBear52

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Re: Buckey post# 315438

Thursday, 03/30/2023 8:59:50 AM

Thursday, March 30, 2023 8:59:50 AM

Post# of 316696
SIVBQ is the holding company. They have several subs under them that operate at a profit. They filed BK to protect those subs.

https://finance.yahoo.com/quote/SIVBQ/profile?p=SIVBQ

SVB Financial Group, a diversified financial services company, offers various banking and financial products and services. It operates through four segments: Silicon Valley Bank, SVB Private, SVB Capital, and SVB Securities.



It's possible they could come out of BK relatively intact. Before they filed BK they were trading over $100.
https://finance.yahoo.com/quote/SIVB?p=SIVB&.tsrc=fin-srch

Just about all banks today operate as a sub of the holding company so if the bank fails the holding company may survive. lol.

caveat emptor

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