For those clients with deposit or loan relationships with Silicon Valley Bank ("SVB"), here is a quick summary regarding what to expect in the next few weeks. We expect to follow up on this.
Hundreds of public companies have filed current reports on Form 8 K since SVB became insolvent and was taken over by the FDIC. The disclosures made to date have been primarily voluntary filings, made to comply with SEC’s Regulation FD, and designed to alert security holders