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ecommerceshares

Ecommerceshares

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  • ecommerceshares
    Ecommerceshares March 27, 2023
    First Citizens “paid” a negative $16bn in equity for Silicon Valley Bank. They didn’t buy the ~$90bn deep-red securities portfolio. The FDIC will also cover 50% of commercial loan losses >$5bn. A year ago professional investors
    First Citizens “paid” a negative $16bn in equity for Silicon Valley Bank. They didn’t buy the ~$90bn deep-red securities portfolio. The FDIC will also cover 50% of commercial loan losses >$5bn. A year ago professional investors
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