SVB Financial Group files ‘First Day Motions’ in bankruptcy court

FILE PHOTO: Illustration shows destroyed SVB (Silicon Valley Bank) logo

(Reuters) – SVB Financial Group on Monday filed a number of “First Day Motions” to seek authorization from a bankruptcy court to support the operations of the company’s SVB Capital and SVB Securities businesses.

(Reporting by Manya Saini in Bengaluru; Editing by Arun Koyyur)

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