US regulator eyes Friday bids for SVB and Signature Bank, says report

This will be the FDIC's second attempt at selling SVB after a failed effort on Sunday

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2 min read Last Updated : Mar 16 2023 | 10:38 PM IST

Regulators at the US Federal Deposit Insurance Corp (FDIC) have asked banks interested in acquiring failed lenders Silicon Valley Bank and Signature Bank to submit bids by March 17, people familiar wi

Topics : US banks

First Published: Mar 16 2023 | 10:38 PM IST

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US regulator eyes Friday bids for SVB and Signature Bank, says report

This will be the FDIC's second attempt at selling SVB after a failed effort on Sunday

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