Re:FDIC Auction for SVB Said to Be Underway, Final Bids Due ...
by paxys on Sunday March 12, 2023 @02:02PM
(#35123713)
Because depositors have no reason to get their money out of Chase and into another regional bank on the brink of failure.
Re:FDIC Auction for SVB Said to Be Underway, Final Bids Due ...
by PeterisP on Sunday March 12, 2023 @05:58PM
(#35126832)
Because the hypothetical acquirer would have not only their assets but also all their other products - loans, credit cards, all the established payments to/from their accounts, etc. which are harder to switch.
Why would they not?