Tag: svbfinancialgroup
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U.S. bankruptcies climbed in March, with SVB Financial Group leading the pack
[ad_1] Propelled by the bankruptcy of Silicon Valley Bank’s parent SVB Financial Group and other chapter 11 filings, U.S. corporate bankruptcies jumped in March to the highest level in three years, in a sign of a cooling economy. S&P Global Market Intelligence reported 71 U.S. bankruptcy filings in March, up from 58 in February and…