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First Citizens Adds to Its Collection of Failed Banks With SVB Purchase
Business

First Citizens Adds to Its Collection of Failed Banks With SVB Purchase

The deal gives the North Carolina bank $219 billion in assets. Three years ago, it had $42 billion. The SVB purchase will give First Citizens

Carolina Lender Sees Opportunity in Silicon Valley Bank, With Assurances From Uncle Sam
Finances

Carolina Lender Sees Opportunity in Silicon Valley Bank, With Assurances From Uncle Sam

Markets Heard on the Street First Citizens, no stranger to acquiring banks, gets a good deal thanks to guarantees from the FDIC Source link

First Citizens Adds to Its Collection of Failed Banks With SVB Purchase
Finances

First Citizens Adds to Its Collection of Failed Banks With SVB Purchase

The deal gives the North Carolina bank $219 billion in assets. Three years ago, it had $42 billion. The SVB purchase will give First Citizens

First Citizens Buys Much of Silicon Valley Bank
Business

First Citizens Buys Much of Silicon Valley Bank

The acquisition comes more than two weeks after the lender’s collapse sent tremors through the banking system.  Source link

First Citizens Acquires Much of Failed Silicon Valley Bank
Finances

First Citizens Acquires Much of Failed Silicon Valley Bank

First Citizens Bancshares is buying big pieces of Silicon Valley Bank more than two weeks after the lender’s collapse sent tremors through the banking system. 

Twitter Offers New Equity Grants to Staff
Business

Twitter Offers New Equity Grants to Staff

Compensation has been one of many questions facing employees since Elon Musk’s tumultuous acquisition of the company last year. Source link

Axios’s Software Business Raises Cash to Fund AI Expansion
Business

Axios’s Software Business Raises Cash to Fund AI Expansion

WSJ News Exclusive Media & Marketing Axios HQ to use ChatGPT maker OpenAI to improve tools that help clients write emails, headlines Source link