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First Citizens Bank to buy SVB’s deposits, loans from FDIC

03/27/2023

Less than a minute

2023.03.27 01:35

First Citizens Bank to buy SVB's deposits, loans from FDIC

© Reuters. FILE PHOTO: FILE PHOTO: A security guard stands outside of the entrance of the Silicon Valley Bank headquarters in Santa Clara, California, U.S., March 13, 2023. REUTERS/Brittany Hosea-Small/File Photo/File Photo

(Reuters) – First Citizens Bank & Trust Co will buy all of Silicon Valley Bank’s deposits and loans from the Federal Deposit Insurance Corporation (FDIC), the regulator said in a statement.

03/27/2023

Less than a minute

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