First Citizens BancShares Inc

First Citizens agrees to buy Silicon Valley Bank

First Citizens BancShares Inc (FCNCA.O) said on Monday it will acquire Silicon Valley Bank's (SIVB.O) deposits and loans as well as certain other assets from the Federal Deposit Insurance Corporation (FDIC).

March 27, 2023
March 27, 2023

First Citizens agrees to buy Silicon Valley Bank

First Citizens BancShares Inc (FCNCA.O) said on Monday it will acquire Silicon Valley Bank's (SIVB.O) deposits and loans as well as certain other assets from the Federal Deposit Insurance Corporation (FDIC).