The Federal Deposit Insurance Corp (FDIC), which took over collapsed Silicon Valley Bank earlier this month, has failed to find a suitable buyer for the tech-focused lender, and is planning to relaunch the sale process in a desperate bid abdicate the receivership. According to people familiar with the matter cited by Reuters, the FDIC is … Continue reading FDIC Fails to Attract Buyers for SVB, Prepares to Relaunch Auction