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Regulators Extend SVB Bidding, Give OK To Signature Deal

By Jon Hill ( March 20, 2023, 8:45 PM EDT) -- Federal regulators said Monday that they will allow more time for bids on the remnants of Silicon Valley Bank as it inched closer to a potential breakup, while Flagstar Bank received a regulatory blessing for its weekend deal to scoop up deposits and assets from former Signature Bank....

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