Sources: the FDIC is racing to sell SVB's assets and make 30% to 50% or more of clients' uninsured deposits available as soon as Monday (Bloomberg)
Bloomberg:
Sources: the FDIC is racing to sell SVB’s assets and make 30% to 50% or more of clients’ uninsured deposits available as soon as Monday — US regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients’ uninsured deposits available …
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