Defunct SVB Financial Group to sell Indian subsidiary to First Citizens Bancshares-February 2024-www.financetom.com

Defunct SVB Financial Group to sell Indian subsidiary to First Citizens Bancshares

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Defunct SVB Financial Group to sell Indian subsidiary to First Citizens Bancshares

Mar 20, 2024 1:46 PM

March 20 (Reuters) - Collapsed lender SVB Financial

Group said on Wednesday it plans to sell 100% outstanding

partnership interest in its Indian subsidiary SVB Global

Services India LLP to First Citizens Bancshares.

(Reporting by Mehnaz Yasmin in Bengaluru)

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