https://techcrunch.com/2023/03/10/silicon-valley-bank-financial-in-talks-to-sell-itself-report-says/

Silicon Valley Bank Financial, the publicly-traded holding firm of Silicon Valley Bank, has paused trading this morning pending an announcement, and according to a report in CNBC, the firm is in talks to sell itself.

The development is the latest troubling turn for the technology-focused lender in what has been a surprising, precipitous downfall. SVB — the bank for many Silicon Valley startups and other power players in the sector — has grappled with a number of issues, all in quick succession: rising interest rates, mounting losses, messaging its state of affairs to the market, and most recently a run on the bank, with a rush of customers pulling their money out.