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