Home Newsfeeds Charles Gasparino Reports JP Morgan Won’t Be Bidding For SVB

Charles Gasparino Reports JP Morgan Won’t Be Bidding For SVB

https://twitter.com/CGasparino/status/1636776810007470081

March 17, 2023

1 minute read

SCOOP (1/2): Bids for SVB must be delivered today to the @FDICgov but one big bank wont be bidding: @jpmorgan, sources tell @FoxBusiness. Unclear if decision must be made today or over weekend on slae. Big banks show significant reluctance to bid unless FDIC provides backup for

— Charles Gasparino (@CGasparino) March 17, 2023

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Charles Gasparino Reports JP Morgan Won’t Be Bidding For SVB

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