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U.S. FDIC Weighs Backstop on Bank Auctions to Attract Smaller Peers – Source

U.S. regulators are considering retaining ownership of securities owned by Signature Bank (SBNY.O) and Silicon Valley Bank (SIVB.O) to allow smaller banks to participate in auction for the collapsed lenders, a source familiar with the matter said on Friday.

Signature Bank Silicon Valley Bank FDIC
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