Post #1254522: The Federal Deposit Insurance Corp. says it has…
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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: Pres. Biden on deadly Louisville shooting that killed at least four and injured eight others: "Too many Americans are paying for the price of inaction with their lives. When will Republicans in Congress act to protect our communities?" 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: Zero-calorie sweetener erythritol has been linked to an increased risk of cardiovascular events, including heart attacks and strokes for older adults consuming high amounts and already at risk of heart disease, according to a new study. BREAKING: At least one person has died and three others are injured after a shooting at a mall in El Paso, Texas. A suspect is in custody.

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