Goldman Sachs, $GS, bought more than $21 billion worth of securities sold by Silicon Valley Bank last week, a transaction that was just before the collapse of Silicon Valley Bank, per FT.
A $1.8 billion loss from a securities sale from Silicon Valley Bank kicked off market panic about California lender Silicon Valley Bank last week, per BI.
Silicon Valley Bank said last week: it had "completed the sale of substantially all of its available for sale securities portfolio" for $21 billion.
Silicon Valley Bank received approximately $21.45 billion for a portfolio of available for sale securities with a book value of approximately $23.97 billion, and that it was sold to Goldman "at negotiated prices."
After Silicon Valley Bank’s seizure, Goldman was also involved in the trading of around $700 million in bonds held by SVB Financial.
Read more about the collapse: unusualwhales.com/news
Goldman Sachs, GS, bought more than $21 billion worth of securities sold by Silicon Valley Bank last week, a transaction that was just before the collapse of Silicon Valley Bank
3/15/2023
FEATURED NEWS
Trump won't rule out using military force to take over Greenland
3/30/2025 AI has acquired X (formerly Twitter) at $33 billion ($45 billion less $18B of debt
3/28/2025 Republicans introduce bill to abolish the TSA and replace it with private airport security
3/28/2025 "Hawk Tuah" girl Haliey Welch says SEC closed its investigation into her crypto meme coin
3/28/2025
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
+With Unusual Whales
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.