 <br><span class="ArticlePage-articleBody-firstLetter">S</span>VB <a class="Link" href="https://www.washingtonexaminer.com/tag/finance" target="_blank">Financial</a> Group announced Friday it was filing for chapter 11 bankruptcy to reorganize under court supervision. 

The group <a class="Link" href="https://www.prnewswire.com/news-releases/svb-financial-group-commences-chapter-11-proceeding-to-preserve-value-301774997.html" target="_blank">announced</a> that SVB Securities and SVB Capital's funds and general partner entities would not be included in the chapter 11 bankruptcy. 

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The bankruptcy filing comes a week after <a class="Link" href="https://www.washingtonexaminer.com/tag/silicon-valley-bank" target="_blank">Silicon Valley Bank</a> was seized by state regulators. Silicon Valley Bank in now a separate entity from the SVB Financial Group and is now operating under the FDIC's jurisdiction, per the release. 

<i>This is a breaking story and will be updated.</i>

SVB Financial Group announced Friday it was filing for chapter 11 bankruptcy to reorganize under court supervision.

SVB collapse: SVB Financial Group files for chapter 11 bankruptcy

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