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SVB Financial goes bankrupt, buying time to repay creditors

SVB was the largest bank failure since 2008

byBloomberg News

March 17, 2023

in Capital & Funding

Reading Time: 2 mins read

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The front badge on an Aston Martin DBX sport utility vehicle (SUV) at the Aston Martin Lagonda Global Holdings Plc factory in St Athan, UK, on Thursday, March 23, 2023. Aston surged after the loss-making manufacturer said itll boost deliveries of lucrative models like the £190,000 ($229,349) DBX707 sport utility vehicle. Photographer: Chris Ratcliffe/Bloomberg

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SVB Financial goes bankrupt, buying time to repay creditors

SVB was the largest bank failure since 2008

Letter from the editor

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