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dgarrett | 3 years ago

> Besides I’ll be very surprised if SVB isn’t called JPM by 9 am Monday.

It will be called the Deposit Insurance National Bank of Santa Clara (DINB) on Monday. https://www.fdic.gov/resources/resolutions/bank-failures/fai...

discuss

baq|3 years ago

That happened Friday. SIVB was no more at the time of the first announcement. I believe JPM will buy the husk late Sunday or very early Monday, but Twitter has different opinions. We’ll see.