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The FDIC, as the receiver of the former Signature Bank and Silicon Valley Bank, will sell the securities portfolios retained from the two receiverships, with face values of approximately $27 billion and $87 billion, respectively. BlackRock Financial Market Advisory has been retained to conduct the portfolio sales in a gradual and orderly manner, taking into account daily liquidity and trading conditions. Interested parties should contact [email protected] to obtain further information about the sale process and the qualifications to participate.
Topics:business#blackrock-financial-market-advisory#fdic#finance#securities#signature-bank#silicon-valley-bank
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