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 ...
(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 ...
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.
RALEIGH, N.C. (AP) — The bank that acquired the remnants of Silicon Valley Bank after it failed amid a March bank run announced layoffs Wednesday. First Citizens Bank of Raleigh, North Carolina ...
The collapse may conjure comparisons to the string of bank failures last spring, but here's how it's different.
First Citizens Bancshares Inc.’s stock touched an all-time high Thursday on stronger-than-expected profit and a boosted outlook for net interest income, roughly a year after the big regional ...
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 ...
, opens new tab first-quarter profit beat expectations as the lender earned higher interest income and started seeing benefits of its acquisition of failed Silicon Valley Bank (SVB) last year. Shares ...