Svb Financial Group Stock News

Amazon's 20-for-1 stock split is making headlines. One day, these other stocks could, too.

EWBC vs. SIVB: Which Stock Is the Better Value Option?

Last week, Mercury, a San Francisco-based digital bank for startups shut down accounts of hundreds of African tech startups, many of which are Nigerian-owned companies. As a digital payment platform, Mercury is a complete financial stack used to build companies, and scale with Federal Deposit Insurance Corporation (FDIC)-insured bank accounts, debit cards, which allows a 3-click payment flow. Ordinarily, these startups wouldn’t need the assistance of an international platform to run their transactions. However, because of the friction between local banks and their international partners, they find themselves at the mercy of platforms outside the country including Mercury. The digital bank did not give clear reasons for the decision, nor did it send warning notices to the startups. It was only after a few people in the African tech ecosystem publicly raised concerns on this, that Immad Akhund, CEO, Mercury sent an email stating that the bank was acting in compliance with internal procedures.

If history is any guide, there may be trouble ahead for shares of SVB Finl Gr (NASDAQ: SIVB ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term average … Full story available on Benzinga.com

EyePoint Pharmaceuticals Inc (NASDAQ: EYPT ) has secured senior secured credit facilities of $45 million from Silicon Valley Bank to replace its existing credit facility with CRG Servicing LLC . Under the terms of the new agreement, a $30 million term loan facility and an asset-based revolving credit … Full story available on Benzinga.com

EyePoint Pharmaceuticals (EYPT) entered into a loan agreement providing for senior secured credit facilities in the amount of $45M with Silicon Valley Bank to replace its existing…

Smart Beta ETF report for NUMV

You don't want to miss out on these bank stocks when interest rates inevitably rise this year.

Smart Beta ETF report for RYF

Candel Therapeutics (CADL) entered into a loan and security agreement with Silicon Valley Bank for $25M, $20M of which will be available immediately; additional $5M will be available in…

The declines are led by travel services, airline and cruise stocks.

Annual sales of its recently released antiviral pill are anticipated to bring in tens of billions of dollars.

Lucira Health Inc (NASDAQ: LHDX ) has entered into a debt facility of up to $80 million with Hercules Capital and Silicon Valley Bank. Under the term loan, Lucira received the first tranche of $30 million at closing. The Company will … Full story available on Benzinga.com

CAMBRIDGE, Mass., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Cullinan Oncology, Inc. (NASDAQ: CGEM ) ("Cullinan") today announced that it will be participating in SVB Leerink''s 11 th Annual Global Healthcare Conference, being held virtually February 14-18, 2022. Nadim Ahmed, Cullinan''s Chief Executive Officer, will participate in a fireside chat on Thursday, February 17 th at 8:40 a.m. ET A live webcast of the fireside chat will be available via the … Full story available on Benzinga.com