The Wall Street Journal: Silicon Valley Bank is in talks with the law firm Sullivan & Cromwell, which handled the FTX bankruptcy case, regarding self-rescue matters
ChainCatcher news, according to The Wall Street Journal, Silicon Valley Bank has invited the consulting firm Centerview to discuss self-rescue matters with the law firm Sullivan & Cromwell, which previously handled the FTX bankruptcy case.
Earlier, ChainCatcher reported that, according to sources cited by CNBC, Silicon Valley Bank's attempts to raise funds have failed and it is negotiating with large financial institutions to seek a sale. (source link)
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