HomeTagsFirst Citizens SVB acquisition
Tag: First Citizens SVB acquisition
First Citizens Bancshares Makes a Deal to Acquire Collapsed Silicon Valley Bank
The Federal Deposit Insurance Corporation (FDIC) has found a taker for the collapsed Silicon Valley Bank (SVB). On Monday, FDIC confirmed that North Carolina-based First Citizens Bancshares had entered an agreement to buy SVB’s assets, deposits, and loans. According to the details of the deal,...