Finance
US Regulators Start Soliciting Interest for Signature Bank Bids
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US regulators have begun soliciting interest from potential buyers of Signature Bank, the New York-based lender that was seized by the government on Sunday, according to people familiar with the matter.
The Federal Deposit Insurance Corp. has opened a so-called data room, enabling potential bidders to begin due diligence of the bank, said one of the people, who asked not to be identified discussing private information.