New York (EFE) the CNBC channel advanced this Friday.
According to anonymous sources cited by the economic chain, the entity has hired advisers to explore a possible sale and several large financial institutions are studying a potential acquisition.
Shares of SVB – a bank focused mainly on emerging companies – plunged 60% on Thursday and fell another 68% on Friday in pre-opening trading on Wall Street, before trading was suspended pending news , as announced by the regulator.
On Wednesday, the entity announced the sale of about 21,000 million dollars in assets from its portfolio and plans to carry out a capital increase of about 2,250 million dollars to compensate for problems in its accounts.
The information unleashed panic around the bank and affected the rest of the financial sector, which on Thursday posted significant falls in the stock market session and which today reopened with clear setbacks.
This Friday, the contagion continued in international markets, with banks around the world experiencing stock market falls.
Investors fear that other institutions will be forced to take losses to raise capital and some specific banks, such as Signature Bank and First Republic Bank, have seen a big hit on the stock market.
The big ones in the sector, meanwhile, suffered significant falls on Thursday, but today they seemed to weather the storm without many problems.
