SVB Financial Group faces bankruptcy challenges and potential asset sale.

SVB Financial, the bankrupt parent company of Silicon Valley Bank, has lost access to its financial records after the bank was placed into receivership by the Federal Deposit Insurance Corporation (FDIC). SVB Financial is exploring options, including a potential bankruptcy sale, for its venture capital and investment banking businesses, which were not included in the FDIC's takeover of SVB. The FDIC is attempting to sell SVB and may seek a breakup of the failed lender.