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0 pointsfinfrastrcuture3y ago0 comments

Spot on, a ton of Directors / MDs are rushing to push this in front of their leadership (whoever 'leads' the acquisition will no doubt burnish their personal brand / career path /s).

That said, if I'm an SVB customer...do I want to stick with the bank that's had this issue? Even so, would I want to bank with the acquirer?

0 comments

newsclues3y ago

Seems like much of the SVB customer base doesn't have a/much choice with who will provide banking for them at the early stage.

Seems like the reason for acquiring this risking market would be to transition your the clients who succeed into the parent bank for their future banking needs. Sure you will get a bunch of small/medium sized clients for a mega bank, but they are just fishing for a couple giant paydays and want the next Apple or Amazon to start banking with them.

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0 pointsfinfrastrcuture3y ago0 comments

Spot on, a ton of Directors / MDs are rushing to push this in front of their leadership (whoever 'leads' the acquisition will no doubt burnish their personal brand / career path /s).

That said, if I'm an SVB customer...do I want to stick with the bank that's had this issue? Even so, would I want to bank with the acquirer?

0 comments

newsclues3y ago

Seems like much of the SVB customer base doesn't have a/much choice with who will provide banking for them at the early stage.

j / k navigate · click thread line to collapse