US EditionFirst Citizens Bank to buy Silicon Valley Bank deposits and loans
290 Articles
290 Articles
For Silicon Valley Bank clients, First Citizens is an unknown — and unproven — new partner
If you had asked Matthew Iommi a few weeks ago, he would have said, “First Citizens who?” Iommi, the Austin-based co-founder and CEO of Fetii Inc. an on-demand group ridesharing app, still doesn’t know much about the Raleigh, North Carolina-based bank that just acquired the assets of his longtime partner, Silicon Valley Bank. As of late March 27, he had received zero communication from the new parent company, he said. Triangle Business Journal s…
Silicon Valley Bank: After bankruptcy, First Citizens buys
First Citizens Bank acquires assets in a targeted manner. How a billionaire family from the province is using the crisis to double the balance sheet of their banking empire in one fell swoop. The course is also through the roof because of the “tech imagination.” Is this even where the next Bank of America is being built?
First-Citizens Bank Will Acquire Silicon Valley Bank: FDIC - Tennessee Star
The Federal Deposit Insurance Corp. agreed that the North Carolina-based First-Citizens Bank & Trust Co. can acquire the troubled Silicon Valley Bank, and 17 branches of the California-based bank will reopen Monday as branches of First-Citizens.
What we know about the Nashville shooting, First Citizens Bank to acquire Silicon Valley Bank, and more trending news
Three children and three adults were killed today in a shooting at a private Christian school in Nashville. Get the full details on that and other trending news here.
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