First Citizens, which previously placed a bid to buy Silicon Valley Bank (SVB) through the auction ... would acquire one entity or both if the deal is finalized. The FDIC declined to comment ...

The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle ...

Even before the banking catastrophe that led to the First Citizens buyout last year, Silicon Valley Bank had an office in the Raleigh area, its new parent's home base, where it looked to court ...

Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc., announced that it has provided a $125 million warehouse facility to fintech ...

In the aftermath of Silicon Valley Bank's monumental setback, the race to dominate the realm of startup financing has ...

2024 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that SVB Go, its new online banking platform, has been recognized as a leading cash management ...

Ever since the demise of Silicon Valley Bank in March 2023 ... The SVB debacle exposed three weaknesses. First, depositors pulled their money much faster than assumed by requirements such as ...

Five banks failed in 2023: Silicon Valley Bank, Signature Bank, First Republic Bank, Heartland Tri-State Bank and Citizens Bank (not this Citizens). So far, we have not seen any bank failures in 2024.

First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and ...

U.S. regulators on Friday seized Philadelphia-based Republic First Bancorp and agreed to sell it to Fulton Bank, a unit of Fulton Financial Corp . The latest casualty will cost the deposit insurance ...