Mortgage Blog

SVB Financial Group on Monday said there has been “significant interest” in buying its assets as it attempts to reorganize under bankruptcy protection.

The Santa Clara company also asked for the bankruptcy court's help in gaining access to financial records it said it has been cut off from since its former core business, Silicon Valley Bank, was placed into receivership by the Federal Deposit Insurance Corporation (FDIC).

SVB Financial filed for Chapter 11 bankruptcy protection on Friday, a week…

The payout is the result of a 2019 deal that ultimately could lead Gilead to give $2.3 billion in exchange for five “targeted protein degrader” programs.

About 700 business executives, community leaders and veterans packed the Stars and Stripes Honor Flight Gala Saturday evening to raise about $400,000 to help fund future Washington, D.C. trips for veterans. Check out the attached slideshow to see photos from the fun event.

Last week, five Austin-area companies reported more than $116 million in venture capital, government contracts and equity funding. Click through for the latest wrap-up of business fundings, which often precede expansion.

Several more of these centers are slated to open this year in Central and West Florida.

Over the last three years, we’ve learned all too well why access to affordable health care is critical to the health of our employees, our businesses, and our entire economy. Kentucky’s employers can play a central role in making sure no one loses health coverage as Medicaid renewals resume.

The 40 branches of Signature Bank – including one in Durham and one in Charlotte – will become Flagstaff Bank.

The blank check company went public two years ago, but missed out on its chance to merge with an operating company.

Regulators now plan to sell Silicon Valley Bank in two pieces and are pushing back the bid process.

Most of the $19 billion in private equity invested went to a single acquisition deal.