Silicon Valley Bank launches share sale for DKK 2.25 billion. USD to strengthen the capital base
Silicon Valley Bank has launched a share sale of 2.25 billion. USD after suffering a big loss on its portfolio of US Treasuries and mortgage-backed securities as the technology-focused lender grapples with rising interest rates and a liquidity squeeze at many of America’s start-ups. it helped finance. California-based SVB said Wednesday it planned to offer …