RBC, PNC Financial Group Withdraw from Talks to Pursue Bids on Silicon Valley Bank
RBC, PNC Financial Group Withdraw from Talks to Pursue Bids on Silicon Valley Bank Royal Bank of Canada (RBC) and PNC Financial Group both showed interest in bidding on Silicon Valley Bank on Sunday, however things changed after regulators showed interest in bidding on the insolvent financial institution. FDIC auction was underway on Sunday for…