Customers Bancorp weighs making an offer for Silicon Valley Bank - Bloomberg News


Reuters | Updated: 24-03-2023 05:08 IST | Created: 24-03-2023 05:08 IST
Customers Bancorp weighs making an offer for Silicon Valley Bank - Bloomberg News

Customers Bancorp Inc is exploring a deal for all or part of the failed Silicon Valley Bank, Bloomberg News reported on Thursday, citing people familiar with the matter. The Pennsylvania-based lender has been seeking potential co-investors for a deal for Silicon Valley Bank, the report said.

FDIC, which controls the Silicon Valley Bank's assets, and Customers Bank did not immediately respond to Reuters' requests for comment.

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