First Citizens Bank & Trust Co will buy all of Silicon Valley Bank's deposits and loans from the Federal Deposit Insurance Corporation (FDIC), the regulator said in a statement.
FILE PHOTO: A security guard stands outside of the entrance of the Silicon Valley Bank headquarters in Santa Clara, California, U.S., March 13, 2023.
Brittany Hosea-Small/File Photo/File Photodeposits and loans from the Federal Deposit Insurance Corporation , the regulator said in a statement.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First Citizens said to be near deal for Silicon Valley Bank: reportFirst Citizens BancShares Inc (FCNCA.O) was in advanced talks to acquire Silicon Valley Bank (SIVB.O) and close to making a deal.
Read more »
First Citizens near deal to buy Silicon Valley Bank: reportFirst Citizens BancShares Inc. is close to a deal to acquire failed Silicon Valley Bank from the Federal Deposit Insurance Corp., according to a report late...
Read more »
First Citizens Nearing Deal for Silicon Valley Bank: BloombergRaleigh, N.C.-based First Citizens is the 30th largest bank in the U.S., with $109 billion in assets, and recently completed an acquisition of New York-based commercial lender CIT.
Read more »
First Citizens reportedly nearing deal to acquire Silicon Valley BankFirst Citizens Bank is reportedly nearing a deal to acquire the failed Silicon Valley Bank through an auction held by the Federal Deposit Insurance Corporation.
Read more »
First Citizens agrees to buy Silicon Valley BankThis is a step toward stabilizing America's regional banking sector, after a month of tumult.
Read more »