Post #1254522: The Federal Deposit Insurance Corp. says it has…

The Federal Deposit Insurance Corp. says it has agreed on the sale of troubled Silicon Valley Bank to North Carolina-based First-Citizens Bank & Trust Co. The sale involves the sale of all deposits and loans of SVB to First-Citizens.

The Federal Deposit Insurance Corp. says it has agreed on the sale of troubled Silicon Valley Bank to North Carolina-based First-Citizens Bank & Trust Co. The sale involves the sale of all deposits and loans of SVB to First-Citizens.

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Mar 27, 2023 02:00 PM |

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JUST IN: First Citizens Bank will buy about $72 billion in assets from the failed Silicon Valley Bank, the Federal Deposit Insurance Corporation says.

The two Americans who survived a violent kidnapping ordeal in Mexico are back in the U.S., as questions remain surrounding what happened to the two members of the group who died. Here's everything we know:

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