Sunday, Apr 14, 2024
Focus on the big picture

Silicon Valley Bank's former parent company files for bankruptcy

CBS, 18 Mar 2023
The former parent company of Silicon Valley Bank is filing for bankruptcy. SVB Financial is now separate from the bank following its takeover by the FDIC. CBS MoneyWatch reporter Khristopher Brooks discusses the impact of the Chapter 11 filing.

CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on and Paramount+.

Subscribe to the CBS News YouTube channel:
Watch CBS News:
Download the CBS News app:
Follow CBS News on Instagram:
Like CBS News on Facebook:
Follow CBS News on Twitter:
Subscribe to our newsletters:
Try Paramount+ free:

For video licensing inquiries, contact:
Related Articles