FDIC may make some uninsured Silicon Valley Bank deposits available Monday

FDIC may make some uninsured Silicon Valley Bank deposits available Monday

a year ago
Anonymous $Gb26S9Emwz

https://www.siliconvalley.com/2023/03/11/fdic-races-to-start-returning-some-uninsured-svb-deposits-monday/

Saleha Mohsin, Lydia Beyoud and Sridhar Natarajan

(Bloomberg) — US regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients’ uninsured deposits available as soon as Monday, according to people with knowledge of the situation.

FDIC may make some uninsured Silicon Valley Bank deposits available Monday

Mar 12, 2023, 1:13am UTC
https://www.siliconvalley.com/2023/03/11/fdic-races-to-start-returning-some-uninsured-svb-deposits-monday/ > Saleha Mohsin, Lydia Beyoud and Sridhar Natarajan > (Bloomberg) — US regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients’ uninsured deposits available as soon as Monday, according to people with knowledge of the situation.