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48 results
13d
First Citizens lays off hundreds of Silicon Valley Bank workers
The layoffs come about two months after Raleigh's First Citizens acquired Silicon Valley Bank after it collapsed and was ...
The Financial Times27d
First Citizens makes huge gain on Silicon Valley Bank deal
We’ll send you a myFT Daily Digest email rounding up the latest First Citizens BancShares news every morning. First Citizens Bank, the US lender that acquired much of Silicon Valley Bank ...
13don MSN
First Citizens Bank to cut hundreds of former Silicon Valley Bank jobs
In a companywide email Wednesday morning, First Citizens Chairman and CEO Frank Holding Jr. said his Raleigh, North ...
Business Insider24d
The family behind First Citizens Bank has seen its wealth double to $2.2 billion after buying SVB's assets out of bankruptcy
The family behind First Citizens Bank has seen its wealth double to $2.2 billion since it bought Silicon Valley Bank's assets ... estimates following the SVB deal. The stock-price increase lifted ...
The Business Journals27d
How much First Citizens deposits grew after SVB deal
Boosted by its buy of Silicon Valley Bank, Raleigh’s First Citizens Bank (Nasdaq ... in Federal Home Loan Bank borrowings. The SVB deal included assets valued at $106.6 billion and loans ...
WRAL TechWire27d
Stock at record high, First Citizens reports $9B gain from Silicon Valley Bank deal
RALEIGH – First Citizens BancShares – corporate parent of FirstCitizens Bank – says its March purchase of the failed Silicon Valley Bank ... boost from the SVB deal produced revenues ...
Bloomberg L.P.27d
First Citizens Deposits Beat Estimates in Wake of SVB Deal
Silicon Valley Bank, which was wiped out by a run on deposits. Deposits were $140.05 billion for the first three months of the year, Raleigh, North Carolina-based First Citizens said Wednesday ...
Axios
4d
SVB Securities management in talks to buy back investment bank
Management at SVB Securities is looking to buy the investment bank back from bankrupt SVB Financial Group, Bloomberg reports.
American Banker
2h
First Horizon shifts to 'playing offense' after scuttled TD deal
The Tennessee-based bank was supposed to be acquired this year, but the merger fell apart a month ago. Now executives say ...
The Financial Times24d
First Citizens makes huge gain on Silicon Valley Bank deal
We’ll send you a myFT Daily Digest email rounding up the latest First Citizens BancShares news every morning. First Citizens Bank, the US lender that acquired much of Silicon Valley Bank ...
Yahoo Style UK20d
SVB Deal & 3 Other Reasons to Buy First Citizens (FCNCA) Stock
One such banking stock is First Citizens BancShares, Inc. FCNCA. This Raleigh, NC-based bank has recently been in the news because it acquired failed Silicon Valley Bank ("SVB ... of buying failed ...

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