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National Bank buys Silicon Valley Bank's Canadian commercial lending business | CBC News

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National Bank says the deal to buy Silicon Valley Bank's loan portfolio will likely close in the coming weeks and is not expected to have a material impact on its results.

Posted: Aug 02, 2023 8:43 AM EDT | Last Updated: 3 hours ago

Much of the portfolio is focused on the technology, life science and global fund banking sectors and will be integrated into National Bank's technology and innovation banking group.

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