First Citizens buys failed Silicon Valley Bank
As part of its agreement with the FDIC, First Citizens Bank will assume SVB's assets of $110 billion, deposits of $56 billion and loans of $72 billion.
27 March 2023•2 mins read
As part of its agreement with the FDIC, First Citizens Bank will assume SVB's assets of $110 billion, deposits of $56 billion and loans of $72 billion.
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