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Goldman’s Silicon Valley Bank Dealings Under Investigation

By
Lauren Tara LaCapra
· · Source: The Information

U.S. authorities are examining Goldman Sachs’s dealings with Silicon Valley Bank before it collapsed, the Wall Street bank said on Thursday. SVB hired Goldman in March to handle a planned capital raising and to sell a portfolio of securities that had lost substantial value, causing its share price to plummet as investors worried about its financial health. The transaction stirred criticism of...

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