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First Citizens agrees to buy the commercial banking business of Silicon Valley Bank from the FDIC including all deposits and loans (Daniel Taub/Bloomberg) 27-03-2023

Daniel Taub / Bloomberg:
First Citizens agrees to buy the commercial banking business of Silicon Valley Bank from the FDIC including all deposits and loans  —  First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.


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