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U.S. regulators begin soliciting opinions from potential buyers of Signature

2023-03-15 09:48:52
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ChainCatcher news, according to Bloomberg citing informed sources, U.S. regulators have begun soliciting acquisition interest from potential buyers for Signature Bank. One anonymous source indicated that the Federal Deposit Insurance Corporation (FDIC) has opened a so-called data room, allowing potential bidders to begin due diligence on the bank.

Previously, U.S. federal regulators placed Signature Bank into bankruptcy management just days after the collapse of another crypto-friendly bank, Silvergate Bank, and Silicon Valley Bank. (source link)

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