First Citizens Bank to , Buy Silicon Valley Bank.
NPR reports that the FDIC made the announcement on March 26.
First Citizens will buy all of Silicon Valley Bank's (SVB) deposits and loans.
First..
Credit: Wibbitz Top Stories Duration: 01:31Published
The Federal Deposit Insurance Corp. agreed that the North Carolina-based First-Citizens Bank & Trust Co. can acquire the troubled Silicon Valley Bank, and 17 branches of the California-based..