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FDIC retains BlackRock unit for Signature Bank, SVB securities portfolio sale | CNN Business

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FDIC retains BlackRock unit for Signature Bank, SVB securities portfolio sale | CNN Business

The Federal Deposit Insurance Corporation (FDIC) has retained BlackRock Inc unit Financial Market Advisory to sell the securities portfolios it kept in receivership after the collapse of Signature Bank and Silicon Valley Bank.

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FDIC retains BlackRock unit for Signature Bank, SVB securities portfolio sale | CNN Business

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FDIC retains BlackRock unit for Signature Bank, SVB securities portfolio sale | CNN Business

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