SVB Financial seeks bankruptcy court help amid ‘significant interest’ from buyers


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…

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