SVB apos;s Investment Banking Arm Explores Buying Lender Back Bloomberg...

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March 11 (Reuters) - The managers of Silicon Valley Bank's investment banking arm, SVB Securities, are exploring ways to buy the collapsed lender back from its parent company, Bloomberg News reported on Saturday. "Although the guidance did not prohibit ads from featuring only one gender, we considered that because the ad strongly implied only men could excel in the specialisms and roles depicted we concluded the ad presented gender stereotypes in way that was likely to cause harm and therefore breached the code." SVB Financial Group is working with an investment bank and a law firm to find buyers for its other assets, which include SVB Securities, Reuters reported on Friday, adding that these assets could attract competitors and private equity firms.

(Reporting by Kanjyik Ghosh and Mrinmay Dey in Bengaluru; editing by Grant McCool and Paul Simao) California banking regulators closed the bank, which did business as Silicon Valley Bank, and home school 7th Grade teacher appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for the later disposition of its assets. Yields on two-year Treasuries saw their biggest plunge since the 2008 financial crisis. That suggests a flight to safety among investors as well as bets that economic distress may force the Fed to ease up or reverse its aggressive tightening.

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The ad for PC Specialist, a manufacturer and seller of bespoke PC computers, featured three men performing different activities including producing music and coding with a male voice-over which stated: "For the players, the gamers, the ‘I'll sleep laters', the creators, the editors, the music makers. The techies, the coders, the illustrators … From the specialists for the specialists." 'Maverick means to refer to the value of a pilot's instinct, but he's also asking his students to suspend their ability to think critically about the purpose of the institution they're in.