First Citizens, which previously placed a bid to buy Silicon Valley Bank (SVB) through the auction ... would acquire one entity or both if the deal is finalized. The FDIC declined to comment ...
First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and started ...
The First Citizens deal includes the purchase of $72 billion of Silicon Valley Bridge Bank, National Association’s assets at a discount of $16.5 billion. In addition, approximately $90 billion ...
NEW YORK: First Citizens BancShares Inc has agreed to buy Silicon Valley Bank (SVB ... had been racing to lock down a deal for all or parts of the bank in a bid to cover the uninsured deposits ...
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on ...
In the aftermath of Silicon Valley Bank's monumental setback, the race to dominate the realm of startup financing has ...
RALEIGH, N.C. (AP) — The bank that acquired the remnants of Silicon Valley Bank after it failed amid a March bank run announced layoffs Wednesday. First Citizens Bank of Raleigh, North Carolina ...
The collapse may conjure comparisons to the string of bank failures last spring, but here's how it's different.
U.S. regulators on Friday seized Philadelphia-based Republic First Bancorp and agreed to sell it to Fulton Bank, a unit of Fulton Financial Corp . The latest casualty will cost the deposit insurance ...
opens new tab first-quarter profit beat expectations as the lender earned higher interest income and started seeing benefits of its acquisition of failed Silicon Valley Bank (SVB) last year.