First Citizens said to be close to deal for Silicon Valley Bank: report

First Citizens said to be close to deal for Silicon Valley Bank: report News By Reuters March 26, 2023 | 19:44 First Citizens BancShares is close to closing a deal. REUTERS/Dado Ruvic/Illustration First Citizens BancShares was in advanced talks to buy Silicon Valley Bank and close to striking a deal, Bloomberg News reported Sunday, citing people familiar with the matter. First Citizens could reach an agreement as soon as Sunday to buy Silicon Valley Bank from the Federal Deposit Insurance Corp (FDIC), the report said. First Citizens and the FDIC did not immediately respond to Reuters requests for comment. https://nypost.com/2023/03/26/first-citizens-said-to-be-near-deal-for-silicon-valley-bank-report/?utm_source=url_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons Copy the URL to share Source link