The FDIC and California regulators say JPMorgan Chase plans to acquire most of First Republic; the bank, which is slightly bigger than SVB, had $100B+ outflows
Depositors protected but shareholders wiped out in country's second-largest bank failure — JPMorgan Chase is to acquire …
First Citizens agrees to buy the commercial banking business of Silicon Valley Bank from the FDIC including all deposits and loans
First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.
The FDIC plans to break up SVB and hold an auction for its traditional deposits unit and another for its private bank, after failing to find a buyer last week
The FDIC says it will break up SVB and hold two auctions for its traditional deposits unit and its private bank, after failing to find a buyer last week
The Federal Deposit Insurance Corporation on Monday decided to break up Silicon Valley Bank (SVB) and hold two separate auctions …
The FDIC plans to sell Signature Bank's deposits to Flagstar Bank, excluding those in its digital banking business, some loans, and Signature's 40 branches
A subsidiary of New York Community Bancorp (NYCB.N) has entered into an agreement with U.S. regulators to purchase deposits and loans …
Sources: five days after seizing SVB, the FDIC has conducted a stop-and-start auction process, failing so far to find a willing buyer for all of SVB's assets
Big rivals are thus far shying away from scooping up the bank's assets. — Five days after seizing control of Silicon Valley Bank …
Sources: the FDIC is planning another SVB auction, after failing to find a suitor on March 12; at least one offer had been made, which was rejected by the FDIC
Auction comes after failed attempt to find suitor on Sunday — The Collapse of Silicon Valley Bank: What You Need to Know
Source: Silvergate is in talks with FDIC officials about ways to avoid a shutdown, including lining up crypto-industry investors to help shore up its liquidity
Bloomberg :
PayPal partnering with small US banks to offer traditional banking services like debit cards, direct deposits, and FDIC insurance to its customers
Company partners with small banks to offer debit cards, direct deposit and other services — PayPal PYPL -4.02% Holdings Inc. is nudging …