After the collapse of Silicon Valley Bank (SVB), the parent company, SVB Financial Group, is nearing the sale of its venture capital arm, SVB Capital. SVB Capital, which was not included in the ...
As of June 11 at 2:58 PM EDT. Market Open. SVB Financial Group (Pink Sheets: SIVBQ) today announced that it has entered into a definitive agreement under which a newly created entity affiliated ...
Ambac Financial Group has taken a controlling stake in Beat Capital Partners for about $282 million and separately agreed to sell its legacy financial guarantee businesses for $420 million.
Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Whatever your vision for retirement, you have to ...
Ambac Financial (NYSE:AMBC) to sell its legacy financial guarantee businesses, Ambac Assurance and Ambac UK, to funds managed by Oaktree Capital Management for $420 million in cash. Additionally ...
When the Federal Reserve started raising rates, it precipitated a financial crisis. The central bank managed to paper over ...
The United States stock market is a powerhouse. It made up 44.9% of total global equity market capitalization in 2023, totaling $49 trillion, according to the Securities Industry and Financial ...
W.H. Ireland Group conditionally agreed to sell its capital-markets unit for up to 5 million pounds ($6.4 million) as it focuses on its wealth-management division, which it said is well placed to ...