First Citizens to assume all deposits, loans of Silicon Valley Bank<p style="" class="text-align-justify">This should put an end to the whole SVB collapse drama and all the unease, with First Citizens acquiring about $72 billion in SVB assets at a discount of $16.5 billion. So, who's next?</p>
This article was written by Justin Low at www.forexlive.com.
Source: First Citizens to assume all deposits, loans of Silicon Valley Bank (https://www.forexlive.com/news/first-citizens-to-assume-all-deposits-loans-of-silicon-valley-bank-20230327/https://www.forexlive.com/news/first-citizens-to-assume-all-deposits-loans-of-silicon-valley-bank-20230327/)
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