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Fed, SEC probing Goldman Sachs' role in Silicon Valley Bank's final days

Silicon Valley Bank had booked a $1.8 billion loss on the sale of a bond portfolio to Goldman. The Wall Street giant was also an underwriter for a failed share sale by the bank that eventually paved the way for its meltdown. The Fed and the SEC are seeking documents related to Goldman's role as both buyer of the securities portfolio and adviser on the capital raise, the report said.
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Source: yahoo.com

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