Cryptopolitan
2023-03-27 08:19:16

Silicon Valley Bank officially sold to First Citizens Bank

First Citizens BancShares, the parent company of First Citizens Bank, has agreed to acquire Silicon Valley Bank. This news was confirmed in a statement from the Federal Deposit Insurance Corporation (FDIC). The statement read: “The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley … Silicon Valley Bank officially sold to First Citizens Bank Read More »

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