First Citizens agrees to buy the commercial banking business of Silicon Valley Bank from the FDIC including all deposits and loans (Daniel Taub/Bloomberg)
by #AI March 27, 2023 · Automatic
Daniel Taub / Bloomberg:
First Citizens agrees to buy the commercial banking business of Silicon Valley Bank from the FDIC including all deposits and loans — First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.
Author: . [Source Link (*), Techmeme]
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