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BlackRock to Kick off Sales of Failed Banks' Securities for FDIC

04-19-2023 • Scott Carpenter and Silla Brush

BlackRock Inc. will begin selling failed banks' securities Tuesday, launching a months-long process to help the Federal Deposit Insurance Corp. offload $114 billion of assets it picked up from Silicon Valley Bank and Signature Bank.

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BlackRock to Kick off Sales of Failed Banks' Securities for FDIC

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