First Citizens BancShares Inc. agreed to buy Silicon Valley Bank after a run on deposits wiped out the company in the biggest US bank failure in more than a decade. The deal to settle SVB’s fate could help tamp down some of the turmoil that has engulfed the financial world, and shares of regional banks […]
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- Source: https://bankautomationnews.com/allposts/business-banking/first-citizens-to-buy-svb-after-biggest-failure-since-2008/
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