self-rescue

On March 10, the Wall Street Journal quoted people familiar with the matter as reporting that the Bank of Silicon Valley was negotiating with the investment bank Centriew and the law firm Sullivan&Cromwell for self-rescue. Among them, Sullivan&Cromwell, a law firm, participated in the FTX bankruptcy case. Interpretation of this information: The recent news about the Bank of Silicon Valley negotiating with Centriew and Sullivan&Cromwell for self-rescue has garnered attention. Speculations suggest that the bank’s poor financial performance and legal issues could have prompted such negotiations. The Bank of Silicon…