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First Citizens agrees to buy Silicon Valley Bank
March 27, 2023 12:51 pm
March 27 (Reuters): First Citizens BancShares Inc (FCNCA.O) said on Monday it will acquire Silicon Valley Bank's (SIVB.O) deposits and loans as well as certain other assets from the Federal Deposit Insurance Corporation (FDIC).
SVB collapse: a contagion risk?
March 15, 2023 09:00 am
PARIS, March 15: The collapse of Silicon Valley Bank, the sector's biggest failure since the 2008 financial crisis, has raised fears of potential spillover across the entire banking system.
Signature Bank becomes next casualty of banking turmoil after SVB
March 13, 2023 17:07 pm
March 13: State regulators closed New York-based Signature Bank (SBNY.O) on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered Silicon Valley Bank (SIVB.O) in a collapse that stranded billions in deposits.
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