FDIC has put SVB up for auction with results scheduled to be announced tonight (Sunday) night. Wells Fargo should tell the government "powers that be" that they will buy SVB in exchange for being removed from the "not allowed to grow bigger" penalty box. Best time to negotiate is when you have some leverage, as they say.
FDIC has put SVB up for auction with results scheduled to be announced tonight (Sunday) night. Wells Fargo should tell the government "powers that be" that they will buy SVB in exchange for being removed from the "not allowed to grow bigger" penalty box. Best time to negotiate is when you have some leverage, as they say.
FDIC has put SVB up for auction with results scheduled to be announced tonight (Sunday) night. Wells Fargo should tell the government "powers that be" that they will buy SVB in exchange for being removed from the "not allowed to grow bigger" penalty box. Best time to negotiate is when you have some leverage, as they say.