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First Citizens BancShares (FCNCA) Surged Following the Acquisition of Silicon Valley Bank
and one of the largest family-controlled banks in the US, First Citizens has been a big winner following its 2023 acquisition of the failed Silicon Valley Bank (SVB). Besides a discounted purchase ... Read More
Bank run sinks Silicon Valley Bank
Silicon Valley Bank is the first FDIC-insured institution to fail in 2023. No one from Silicon Valley Bank responded by mid-Friday afternoon to a request for comment. Read More
First Citizens BancShares Ends FDIC Loss-Sharing Pact
First Citizens ... (FDIC). The company, headquartered in Raleigh, North Carolina, announced the early termination of its loss-sharing agreement related to its acquisition of certain assets and ... Read More
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