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First Citizens Bank to assume deposits, loans of Silicon Valley Bridge Bank from FDIC
Finances

First Citizens Bank to assume deposits, loans of Silicon Valley Bridge Bank from FDIC

The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association,

First Citizens said to be near deal for Silicon Valley Bank -Bloomberg News By Reuters
Finances

First Citizens agrees to buy Silicon Valley Bank By Reuters

© Reuters. FILE PHOTO: First Citizens BancShares logo is seen in this illustration taken March 19, 2023. REUTERS/Dado Ruvic/Illustration (Reuters) -First Citizens BancShares Inc said

Analysis-US bank trading and deposits in focus after rollercoaster month By Reuters
Finances

Analysis-US bank trading and deposits in focus after rollercoaster month By Reuters

2/2 © Reuters. JPMorgan Chase Bank is seen in New York City, U.S., March 21, 2023. REUTERS/Caitlin Ochs 2/2 By Tatiana Bautzer and Nupur Anand

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. 

First Citizens Bank to buy SVB's deposits, loans from FDIC By Reuters
Stock Market

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

© 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.,

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Business

First Citizens BancShares In Advanced Talks To Acquire Silicon Valley Bank : Report

(RTTNews) – First Citizens BancShares Inc., which previously placed a bid to buy Silicon Valley Bank through the auction held by Federal Deposit Insurance Corporation, is

First Citizens said to be near deal for Silicon Valley Bank -Bloomberg News By Reuters
Stock Market

First Citizens said to be near deal for Silicon Valley Bank -Bloomberg News By Reuters

© Reuters. FILE PHOTO: First Citizens BancShares logo is seen in this illustration taken March 19, 2023. REUTERS/Dado Ruvic/Illustration (Reuters) – First Citizens BancShares Inc

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

Swedish central bank chief says more rate hikes likely due to stubborn inflation By Reuters

© Reuters. FILE PHOTO: Sweden’s Riksbank Governor Erik Thedeen speaks during a news conference in Stockholm, Sweden, February 9, 2023. TT News Agency/Jonas Ekstromer via

Deutsche Bank and UBS shares hammered as banking fears keep tight grip By Reuters
Stock Market

Bank of Queensland appoints chairman Allaway as chief executive By Reuters

© Reuters. (Reuters) – Bank of Queensland has appointed Executive Chairman Patrick Allaway as its chief executive officer, the company said on Monday. Allaway will

6 big deal reports: First Republic Bank deal proving
Stock Market

6 big deal reports: First Republic Bank deal proving ‘elusive’

Investing.com — Here is your Pro Recap of the biggest M&A headlines you may have missed this past week. First Republic Bank deal ‘remains elusive’: