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> Besides I’ll be very surprised if SVB isn’t called JPM by 9 am Monday. It will be called the Deposit Insurance National Bank of Santa Clara (DINB) on Monday.
by dgarrett 4y ago
> Besides I’ll be very surprised if SVB isn’t called JPM by 9 am Monday.
It will be called the Deposit Insurance National Bank of Santa Clara (DINB) on Monday. https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/silicon-valley.html https://www.fdic.gov/resources/resolutions/bank-failures/fai...
- baq 4y agoThat happened Friday. SIVB was no more at the time of the first announcement. I believe JPM will buy the husk late Sunday or very early Monday, but Twitter has different opinions. We’ll see.