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  • 📰 The managers of Silicon Valley Bank’s investment banking arm are exploring ways to buy the firm back from its parent, according to people familiar with the matter – Bloomberg
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📰 The managers of Silicon Valley Bank’s investment banking arm are exploring ways to buy the firm back from its parent, according to people familiar with the matter – Bloomberg

March 11, 2023
Frank

The managers of Silicon Valley Bank’s investment banking arm are exploring ways to buy the firm back from its parent, according to people familiar with the matter – Bloomberg

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📰 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 Figures floated behind scenes range from 30% to 50% or more – Bloomberg
📰 The Federal Deposit Insurance Corp. and the Federal Reserve are weighing creating a fund that would allow the regulators to backstop more deposits at banks that run into trouble following Silicon Valley Bank’s collapse – BBG

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