SIVB Stock Recent News

CNBC's Leslie Picker joins 'Squawk Box' with a look at the state of the banking industry one year after the collapse of Silicon Valley Bank.

SVB Financial Group will be unable to meet the U.S. Securities and Exchange Commission's deadline for its quarterly report for the three months ended March 31, the bankrupt parent of Silicon Valley Bank disclosed in a filing on Tuesday.

SVB Financial Group, the onetime parent of Silicon Valley Bank, and Signature Bank will be delisted from the Nasdaq, the Nasdaq Stock Market announced on Friday, following the failure of both banks and the trading suspension of their shares last month. Richard Branson's Virgin Orbit Holdings Inc., a developer of satellite launch systems, will also be delisted, after the company filed for Chapter 11 bankruptcy this month.

Silicon Valley Bank's former owner may need to take out a bankruptcy loan amid uncertainty about the U.S. Federal Deposit Insurance Company's seizure of $2 billion in cash from the company, its attorney said Wednesday.

SVB Financial Group, the company that owned the failed Silicon Valley Bank until the US government took it over last month, announced that two of its top executives have left their jobs.

SVB Financial Group CEO Gregory Becker and financial chief Daniel Beck resigned this week, the collapsed lender said in a regulatory filing on Friday.

The Treasury Department's FSOC released proposals that would increase transparency of its operations and make it easier to supervise certain institutions.

Anne Glover, CEO and co-founder of Amadeus Capital, said Friday that the SVB crisis was caused by "utterly irresponsible" practices by Silicon Valley Bank.

U.S. Federal Reserve may close a loophole that allows some midsize banks to conceal losses on securities they hold, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Potential change would reverse regulators' 2019 decision to loosen the rules for midsize banks.