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Would we have heard by now? TechCrunch reported that "Any agreed sale may not be known until late Sunday, if at all." https://techcrunch.com/2023/03/12/as-the-
by MilnerRoute 4y ago
Would we have heard by now? TechCrunch reported that "Any agreed sale may not be known until late Sunday, if at all."
https://techcrunch.com/2023/03/12/as-the-svb-auction-continues-the-sale-of-its-uk-arm-bounces-between-potential-suitors/ https://techcrunch.com/2023/03/12/as-the-svb-auction-continu...
But even with that, "The FDIC is reportedly attempting to make at least a portion of clients’ uninsured deposits available from Monday."
Also, SVB's UK arm actually has a bidder.
https://www.fnlondon.com/articles/silicon-valley-bank-svb-bank-of-london-bid-uk-20230312 https://www.fnlondon.com/articles/silicon-valley-bank-svb-ba...