PNC Financial has decided against bidding on Silicon Valley Bank as regulators struggled to find a buyer for the failed bank’s assets, , according to a source.
Recent Posts
- Sigh of relief for UK tech founders as Labour hikes capital gains tax by less than feared
- FAFSA rollout is ‘on track,’ despite remaining unresolved issues, Education Department says
- Super Micro shares plunge 35% as auditor resigns after raising concerns months earlier
- U.S. economy grew at a 2.8% pace in the third quarter, less than expected
- Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says