Potential loss from ex-49ers’ investment firm dents SVB results(0)
The parent company of Silicon Valley Bank reported a “significant increase” in its provision for loan losses during its fourth quarter that it blamed on the “deteriorating economy” in general and on the “current estimated impact of loans including loans to HRJ Capital” in particular.
HRJ Capital, you may recall, is the Woodside investment firm made famous by Hall of Famers Read the rest of this entry »
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