Silicon Valley Bank Financial Group

According to reports, Silicon Valley Bank Financial Group said that it received a notice from Nasdaq on Friday that its shares would be delisted because it no longer meets the requirements for continued listing. The stock was suspended from trading on March 10th and will cease listing on March 28th. It is reported that the company does not intend to appeal against the Nasdaq decision. Interpretation of this information: Silicon Valley Bank Financial Group has received a notice from the Nasdaq that its shares would be delisted due to failure…