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Author: hclasvegas   😊 😞
Number: of 48482 
Subject: O/t, the svb deal,
Date: 03/27/2023 9:57 AM
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''The acquisition includes $119 billion in deposits and approximately $72 billion of SVB's loans at a discount of $16.5 billion. Around $90 billion of SVB's securities will remain under FDIC receivership.

FDIC also said it entered into a "loss'share transaction" on all commercial loans it purchased from SVB. ''
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