Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
SVB Financial Group to sell Indian unit to First Citizens Bancshares
Silicon Valley Bank plans to sell its entire stake in Indian subsidiary SVB Global Services India to lender First Citizens Bancshares.SVB Financial Group is currently seeking approval from a bankruptcy court, with a hearing scheduled for April 9. The company filed for bankruptcy last year after Silicon Valley Bank collapsed due to a bank run.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.