US stocks rise as Silicon Valley Bank deal pushes regional lenders higher

US stocks rise as Silicon Valley Bank deal pushes regional lenders higher

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Reuters / Brendan McDermid US stocks climbed Monday, helped by shares of regional banks which rallied on First Citizens' deal to buy SVB. First Citizens agreed to buy the failed bank, taking over 17 branches and buying $72 billion worth of its assets. Regional bank stocks soared, with shares of…

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