First Citizens, which previously placed a bid to buy Silicon Valley Bank (SVB) through the auction ... would acquire one entity or both if the deal is finalized. The FDIC declined to comment ...

First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and started ...

The First Citizens deal includes the purchase of $72 billion of Silicon Valley Bridge Bank, National Association’s assets at a discount of $16.5 billion. In addition, approximately $90 billion ...

First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on ...

The FDIC quickly made a deal for Fulton Bank to buy Republic First's assets ... the sector since three prominent lenders – Silicon Valley Bank, First Republic and Signature Bank – collapsed ...

In the aftermath of Silicon Valley Bank's monumental setback, the race to dominate the realm of startup financing has ...

The collapse may conjure comparisons to the string of bank failures last spring, but here's how it's different.

Silicon Valley ... bank selling bonds at a loss, making it the largest bank run in U.S. history. The next day, U.S. regulators took control of SVB and shut it down. North Carolina-based First ...

U.S. regulators on Friday seized Philadelphia-based Republic First Bancorp and agreed to sell it to Fulton Bank, a unit of Fulton Financial Corp . The latest casualty will cost the deposit insurance ...

(Reuters) -First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and started seeing benefits of its acquisition of failed Silicon Valley ...