Silicon Valley Bank may be coming up for sale again. After failing to find a buyer for the failed bank in a Sunday (March 12) auction, the Federal Deposit Insurance Corporation (FDIC) plans to try again, The Wall Street Journal (WSJ) reported Monday (March 13),...
March 20, 2023
First Citizens Bank reportedly aims to buy Silicon Valley Bank. The company — which has bought 20 failed banks over the last 14 years — has submitted an offer to buy Silicon Valley Bank (SVB) and may also participate in this week’s auctions for the bank and its Private Bank subsidiary, Bloomberg reported Monday (March […]
March 13, 2023
Silicon Valley Bank may be coming up for sale again. After failing to find a buyer for the failed bank in a Sunday (March 12) auction, the Federal Deposit Insurance...