Bank buyers expect sweeteners as US government sets new bar

NEW YORK  -The government-brokered purchases of First Republic, Signature and Silicon Valley banks have created a vicious cycle in which troubled lenders need to fail — and get government assistance — before buyers will step up, industry sources say. The latest case in point: The Federal Deposit Insurance Corp (FDIC) chose JPMorgan Chase & Co … Continue reading Bank buyers expect sweeteners as US government sets new bar