Regulators may still try to find a buyer for Silicon Valley Bank, source says

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Regulators may still try to find a buyer for Silicon Valley Bank, source says
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There's still an opportunity to sell Silicon Valley Bank according to the official, saying that's not off the table.

The Federal Deposit Insurance Corp. struggled to find a buyer for the failed bank's assets during the weekend.

, which expressed interest initially, decided not to place an official bid after conducting due diligence., citing people familiar with the matter.in U.S. history — are worrying many that there could be a contagion effect in the broader banking system. On Sunday evening, the Federal Reserve, FDIC and Treasury Department announced a plan to guarantee the

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