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First Citizens to Buy Much of Silicon Valley Bank, Assuming $72B in Loans, $56B in Deposits
By Sam Reynolds at 2025-04-04 00:17
Sentiment: Positive
The Federal Deposit Insurance Corp. also acquired equity appreciation rights in the parent of First Citizens Bank, which is potentially worth up to $500 million. Continue reading...
Categories: Finance
Tags: #Silicon valley bank #FDIC #acquisition #Banking
Source CoinDesk