Monday, March 27, 2023

First Citizens Bank to acquire collapsed Silicon Valley Bank

GLOBAL-BANKS/SVB-FIRST CITIZENS

North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world.



source https://www.cbc.ca/news/business/svb-first-citizens-bank-collapse-1.6791923?cmp=rss

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