FDIC’s Silicon Valley Bank will likely be sold to another bank: Report

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FDIC’s Silicon Valley Bank will likely be sold to another bank: Report
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The U.S. government will likely sell Silicon Valley Bank to another regulated bank, not a private equity firm, according to a report Wednesday by...

The U.S. government will likely sell Silicon Valley Bank to another regulated bank, not a private equity firm, according to a report Wednesday by TheInformation.com. Citing people familiar with the situation, the report said the development will likely rule out private equity and venture capital firms that have been circling Silicon Valley Bank’s loan book.

government will likely sell Silicon Valley Bank to another regulated bank, not a private equity firm, according to a report Wednesday by TheInformation.com. Citing people familiar with the situation, the report said the development will likely rule out private equity and venture capital firms that have been circling Silicon Valley Bank’s loan book.

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