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Fed officials discuss rates, Amazon Prime Day arrives - what
Finances

Citizens Financial beats second-quarter profit estimates on interest income boost By Reuters

© Reuters (Reuters) – Citizens Financial (NYSE:) Group reported a second-quarter profit that beat Wall Street estimates as lenders’ net interest income rose in a

Disney, First Citizens, Alibaba: Stocks That Defined the Week
Finances

Disney, First Citizens, Alibaba: Stocks That Defined the Week

Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link

Citizens Financial Unit Investigated for Sales of Savings Product Controlled by Troubled Financier Greg Lindberg
Finances

Citizens Financial Unit Investigated for Sales of Savings Product Controlled by Troubled Financier Greg Lindberg

WSJ News Exclusive Finance Massachusetts securities regulators confirm they are examining sales of annuities offered by Colorado Bankers Life Insurance Source link

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

Factbox-First Citizens BancShares, buyer of flailing rivals By Reuters
Stock Market

Factbox-First Citizens BancShares, buyer of flailing rivals 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,

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 agrees to buy collapsed Silicon Valley Bank By Reuters
Finances

First Citizens agrees to buy collapsed Silicon Valley Bank By Reuters

© Reuters. FILE PHOTO: Destroyed SVB (Silicon Valley Bank) logo is seen in this illustration taken March 13, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – 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

Dow futures rise 185 pts; First Citizens
Finances

Dow futures rise 185 pts; First Citizens’ move boosts confidence By Investing.com

© Reuters. By Peter Nurse Investing.com — U.S. stocks are seen opening with small gains Monday, helped by renewed confidence in the stability of the

Market relief, First Citizens buys SVB assets, Ma returns - what
Finances

Market relief, First Citizens buys SVB assets, Ma returns

© Reuters. By Geoffrey Smith  Investing.com — Markets breathe a sigh of relief as a weekend passes without a major banking disaster. The FDIC takes