News The U.S. Federal Deposit Insurance Corp (FDIC) has started requesting bids from banks interested in acquiring failed lenders Silicon Valley Bank and Signature Bank -- but whoever bids on Signature cannot have any ties to the crypto industry, according to Reuters. "Any buyer of Signature must agree to give up all the crypto business at the bank," two sources familiar with the bank...
Mar 16 2023
Reuters report that any bank bidding for Signature “must give up all crypto business”
| published by | Dorian Batycka |
|---|---|
| in blog | CryptoSlate |
| original entry | Reuters report that any bank bidding for Signature “must give up all crypto business” |
analysis banking bankruptcy regulation
Know a good blog/source that is not listed? Contact us or fill the form below to add one: