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.