First Citizens to Buy Silicon Valley Bank’s Deposits, Loans in $55.5B Agreement With FDIC

Federal Deposit Insurance Corporation says the 17 former branches of Silicon Valley Bank will re-open as First Citizens Bank & Trust Company on Monday, March 27.

Source: https://www.coindesk.com/business/2023/03/27/first-citizens-to-buy-silicon-valley-banks-deposits-loans-in-555b-agreement-with-fdic/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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