Silicon Valley Bank Sold to First Citizens in Government-Backed Deal Banking regulators, which announced the deal late Sunday, had been looking for a buyer since seizing control of the failed bank.

First Citizens Bank agreed to buy all deposits and loans of Silicon Valley Bank in March 2023, according to an FDIC press release. Silicon Valley Bank was shut down in early March to protect ...

The Raleigh, North Carolina-based parent of First Citizens Bank is two years out from buying a significant portion of Silicon Valley Bank, whose abrupt failure in mid-March 2023 destabilized the ...

The SVB acquisition accelerated growth and expanded First Citizens' reach, but integration and regulatory costs loom. Read why I rate FCNCA stock a Hold.

Silicon Valley Bank failed in 2023 after rising interest rates caused its investments to plunge in value and depositors withdrew huge amounts of cash. Management mistakes, regulatory changes, and ...

The best bank ETFs can offer above-average yields and reduce the complexities of investing in financial stocks.

Needham Bank reaches $212 million deal to acquire Merrimack Valley bank that had suffered from bad crypto bet By Jon Chesto Globe Staff,Updated June 5, 2025, 5:35 p.m.

SVB, now part of First Citizens Bank, is thriving after its dramatic 2023 collapse, attracting hundreds of new clients amid AI innovation and growth in the startup ecosystem.

SVB, now part of First Citizens Bank, is thriving after its dramatic 2023 collapse, attracting hundreds of new clients amid AI innovation and growth in the startup ecosystem.

First Citizens Bank, a leading financial institution known for supporting high-growth companies, structured the senior credit facility to provide Connectivity Wireless with the flexibility needed ...

The bank is, he says, the “Goliath of Goliaths” and the best he has covered in his career; he expects it to be the first with a trillion-dollar valuation.

We’ve mapped out a non-exhaustive list of people affiliated with DOGE, including creating a searchable table with each member, their corporate history, and the agencies they’ve been connected ...