Valley National, First citizens in race for SVB

FDIC, which seized the lender and has been seeking to sell it for about two weeks now, is expected to choose a winner in the sales process as early as this weekend, the people said. No final decision has been made and the FDIC could opt to hold on to Silicon Valley Bank or sell it to another suitor, they added.

from News-Economic Times https://ift.tt/7JYAxDs