First Citizens BancShares Inc was in advanced talks to acquire Silicon Valley Bank, a person familiar with the matter told Reuters on Sunday. | Reuters
First Citizens BancShares logo is seen in this illustration taken March 19, 2023. REUTERS/Dado Ruvic/Illustration
First Citizens Bank & Trust Co will buy all of Silicon Valley Bank’s deposits and loans from the Federal Deposit Insurance Corporation , the regulator said in a statement.Inc was in advanced talks to acquire Silicon Valley Bank .could reach a deal as soon as Sunday to acquire Silicon Valley Bank from the Federal Deposit Insurance Corp , according to Bloomberg News, whichFEATURED STORIES
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