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