Venture Capitalists Circle SVB’s Carcass
March 14, 2023 at 09:25 AM EDT
The first attempt to auction off SVB (or parts of the failed bank) was unsuccessful, but is shrouded with political questions, as The Wall Street Journal reports: The Federal Deposit Insurance Corp. says it couldn’t find a private buyer for SVB, though a source tells us Treasury and the Federal Reserve favored one. FDIC Chairman Martin […] Source