U.S. and U.K. regulators consider ways to help SVB depositors, FDIC auctioning assets

U.S. and U.K. regulators consider ways to help SVB depositors, FDIC auctioning assets

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The U.S. Federal Deposit Insurance Corporation is reportedly holding an auction for the assets of failed Silicon Valley Bank of California this weekend, while discussions are also said to be underway involving the Federal Reserve to possibly create a fund to protect depositors. Meanwhile, the U.K.…

#siliconvalleybank #federalreserve #siliconvalleybanks #fdic #svb #svbsivb #washingtonmutual #uninsured #firstrepublicbankfrc #ubs

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