potential buyers
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Divestment of $50-10 Billion in Long-Term Securities and Mortgages: First Republic Bank Exploring Options
According to reports, according to insiders, First Republic Bank of the United States is exploring the divestment of $50-10 billion in long-term securities and mortgages, as part o
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FDIC Increases Flexibility in Selling Silicon Valley Bank
It is reported that, according to people familiar with the matter, after failing to find a buyer for the Silicon Valley Bank at the weekend, officials of the Federal Deposit Insurance Corporation told the Senate Republicans on Monday that they had greater flexibility in selling the company, in view of the fact that the regulator had announced that the company’s collapse posed a threat to the financial system, that is, the regulator could be more flexible in providing preferential conditions such as loss sharing agreements to potential buyers. FDIC officials told members of Congress on Monday that although there was no major American bank bidding for Silicon Valley banks in the auction on Sunday, at least one institution made a takeover offer, which was rejected by FDIC. At present, the schedule of the second auction is not clear. Insider: US FDIC is preparing to auction Silicon Valley Bank again Analysis based on this information:According to sources familiar with the matter,…