U.S. and U.K. regulators consider ways to help SVB depositors, FDIC auctioning assets – reports
March 12, 2023 at 13:23 PM EDT
The U.S. Federal Deposit Insurance Corporation is reportedly holding an auction for the assets of failed Silicon Valley Bank of California this weekend, while discussions are also said to be underway involving the Federal Reserve to possibly create a fund to protect depositors.
