There is no single buyer for the Silicon Valley Bank, so the hypothesis of a division of the bank by the US regulatory authorities is concrete. The U.S. Deposits Authority (FDIC) is now seeking to sell the failed bank in at least two parts, the New York agency's sources said, asking not to be identified because the matter is not public. Among the assets that could be spun off are two private banks, divisions aimed at clients with large assets: private SVB and private Boston.
Silicon Valley Bank has been in receivership since earlier this month. If SVB "and the other regional banks had followed the rules that we have followed worldwide, there would not have been a problem", according to former ECB president Jean-Claude Trichet, speaking on Rai3 on Lucia Annunziata's "Mezz'ora in più". Eurozone banks have complied with "stricter rules that make them less vulnerable," he explained, "but no one can afford to be complacent and we must maintain a high level of supervision. Usually the problems come from the United States, but we see that a Swiss bank is also in trouble and we must remain vigilant."