FDIC Extends Bid Window For Silicon Valley Bridge Bank, N.A.
March 21, 2023
March 21, 2023
WASHINGTON, March 21 -- The Federal Deposit Insurance Corporation issued the following news release on March 20, 2023:
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Agency Will Continue to Operate the Bridge Bank while Exploring Strategic Options
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The Federal Deposit Insurance Corporation (FDIC) has extended the bidding process for Silicon Valley Bridge Bank, National Association, Santa Clara, California. There has been substantial interest from multiple parties, and the FDIC an . . .
* * *
Agency Will Continue to Operate the Bridge Bank while Exploring Strategic Options
* * *
The Federal Deposit Insurance Corporation (FDIC) has extended the bidding process for Silicon Valley Bridge Bank, National Association, Santa Clara, California. There has been substantial interest from multiple parties, and the FDIC an . . .