U.S. regulators willing to share losses for sale of SVB, Signature Bank - FT

U.S. regulators are willing to consider the prospect of the government backstopping losses at Silicon Valley Bank and Signature Bank (SBNY.O) if it helps push through a sale, the Financial Times reported on Friday, citing people briefed on the matter. Sources told Reuters on Wednesday that…#fdic #svb #signaturebank #blackstonegroup #svbfinancialgroup #siliconvalleybank #chapter11 #akritisharma #ananyamariam #bengaluru

Source: Reuters: Health - March 18, 2023 Category: Consumer Health News Source Type: news