U.S. regulator seeks sale of Silicon Valley Bank, Signature Bank portfolios: sources

U.S. regulator seeks sale of Silicon Valley Bank, Signature Bank portfolios: sources

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The Federal Deposit Insurance Corporation (FDIC) has retained advisers to sell the securities portfolios that the new owners of failed Silicon Valley Bank and Signature Bank rejected, according to people familiar with the matter. The portfolios are comprised of low-yielding assets, such as…

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