First Citizens’ Stock Surge From SVB Deal Gives $500 Million to FDIC

First Citizens’ Stock Surge From SVB Deal Gives $500 Million to FDIC

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The Federal Deposit Insurance Corp. is set to collect the instant windfall that it engineered as part of First Citizens BancShares Inc.’s government-backed takeover of Silicon Valley Bank. • None How King Charles Got Thrown Into Disney’s Fight With Florida Governor DeSantis • None Trump to Be…

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