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Collapse of SVB, Signature Bank Tests the FDIC’s Executive Reserve Corps
Finances

Collapse of SVB, Signature Bank Tests the FDIC’s Executive Reserve Corps

Tim Mayopoulos was squashed into a middle seat in coach on his flight to San Francisco, the only one available when he booked that afternoon.

In Wake of SVB Collapse, Venture Lending Faces Uncertainty
Finances

In Wake of SVB Collapse, Venture Lending Faces Uncertainty

Among the questions for venture capital after the Silicon Valley Bank debacle: Will funding get a lot more difficult for startups? Source link

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

To Some Investors, Banks Look Like Bargains
Finances

To Some Investors, Banks Look Like Bargains

Markets Finance Some see ‘once-in-a-decade’ buying opportunity after recent turmoil 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

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Notable Monday Option Activity: FCNCA, LULU, PCT

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in First Citizens BancShares Inc (Symbol: FCNCA), where a

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 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.