SVB Financial Pulls Capital Raise, Explores Alternatives Including Possible Sale

[ad_1] The Silicon Valley lender is seeking a buyer after scrapping a plan to shore up its finances through a capital raise. [ad_2] Source link

Bond Losses Push Silicon Valley Bank Parent to Raise Capital

[ad_1] SVB Financial Group said it had sold large portions of its securities portfolio and would raise fresh capital, highlighting a broader problem for U.S. lenders who have seen rising…

Seagen’s Cancer Therapy Is Making It a Takeover Target

[ad_1] Health Novel cancer agents could shore up aging pharmaceutical portfolios for big drugmakers [ad_2] Source link