For Goldman Sachs, SVB’s botched stock sale had a silver lining

Capt. John

As SVB Financial Group wrestled with a capital shortfall and the prospect of a downgrade to its credit rating last week, it went to Goldman Sachs Group Inc (NYSE:GS) and worked out an unusual two-part plan, according to people familiar with the discussions. The investment bank would buy a $21.5...

https://www.hellenicshippingnews.com/for-goldman-sachs-svbs-botched-stock-sale-had-a-silver-lining/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon