FDIC says First Citizens Bank has reached deal to purchase Silicon Valley Bank

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27 Mar 2023 0 shares 1 views

FDIC says First Citizens Bank has reached deal to purchase Silicon Valley Bank

FDIC says First Citizens Bank has reached deal to purchase Silicon Valley Bank

Upworthy

Published 27 Mar 2023

The Silicon Valley Bank finally has a buyer. On Sunday, the Federal Deposit Insurance Corporation (FDIC) announced First-Citizens Bank & Trust Company of Raleigh, North Carolina entered a purchase agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association. "The 17…

#siliconvalleybank #fdic #raleigh #northcarolina #nationalassociation #santaclara #svb

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