![The FDIC's Sweetheart Bank Deal for SVB](https://cdn.newsserve.net/ONPglobe256.png)
The FDIC's Sweetheart Bank Deal for SVB
It’s good to be a banker at the remainder counter, especially when the feds are helping with the purchase. First Citizens BancShares on Sunday night was the lucky winner of the bidding to buy the assets of Silicon Valley Bank, and what a deal it is. Rather than minimize the cost to the deposit…
#siliconvalleybank #northcarolina #firstcitizens #svb #fdic