Goldman Sachs purchases SVB Financial's bond portfolio

Goldman Sachs purchases SVB Financial's bond portfolio

Customers wait in line outside a branch of the Silicon Valley Bank in Wellesley, Massachusetts, U.S., March 13, 2023. REUTERS/Brian Snyder

Troubled lender SVB Financial Group said on Tuesday Goldman Sachs Group Inc had bought its bond portfolio before federal regulators took the bank into receivership.

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