Silicon Valley Bank could soon be acquired through an auction by First Citizens Bank with a deal being announced as early as Sunday, according to reports. First Citizens, which previously placed a ...
The Federal Deposit Insurance Corporation (FDIC) announced that the 17 former branches of Silicon Valley Bridge Bank, National Association, will open as First Citizens Bank & Trust Company on ...
First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and started ...
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on ...
First Citizens BancShares agreed to buy failed lender Silicon Valley Bank in a deal that could support regional lenders and shore-up confidence in the country's broader financial system.
SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. ("Trinity"), today announced that it has ...
In the aftermath of Silicon Valley Bank's monumental setback, the race to dominate the realm of startup financing has ...
The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.
The collapse may conjure comparisons to the string of bank failures last spring, but here's how it's different.
U.S. regulators on Friday seized Philadelphia-based Republic First Bancorp and agreed to sell it to Fulton Bank, a unit of Fulton Financial Corp . The latest casualty will cost the deposit insurance ...
(Reuters) -First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and started seeing benefits of its acquisition of failed Silicon Valley ...