FDIC to relaunch sale of SVB, moves toward break-up plan -sources
The U.S. Federal Deposit Insurance Corp (FDIC) is planning to relaunch the sale process for Silicon Valley Bank (SIVB.O) after failing to attract buyers in its latest auction, with the regulator seeking a potential break-up of the failed lender, according to people familiar with the matter. One of…
#fdic #siliconvalleybank #svb #signaturebank #rishabhjaiswal #bengaluru #davidfrench #newyorkadditional #peteschroeder #nickzieminski