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Tag: First Citizens Bank

Silicon Valley Bank’s Nick Christian and the Future of Fintech on the Finovate Podcast – Finovate

With more than 100 new loans in Q2 and over a billion dollars in new loan commitments, Silicon Valley Bank (SVB) is “doing...

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Bitcoin, other crypto fall as U.S. sues Binance; U.S. equities gain as banks stabilize

Bitcoin fell in Tuesday morning trading in Asia along with most other top 10 non-stablecoin cryptocurrencies after U.S. regulators filed a lawsuit against Binance,...

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust...

Weekend jitters subside

It’s been a relatively calm start to the week, with investors seemingly relieved that the weekend brought no fresh turmoil in the banking...

Bitcoin rises, most top 10 cryptos drop, amid mixed signals on state of banking sector

Bitcoin rose while Ether and most of the other top 10 non-stablecoin cryptocurrencies fell during afternoon trading in Asia on Monday. U.S. and European...

First Citizens Bank Acquires Silicon Valley Bank in Billion-Dollar Deal

First Citizens acquires Silicon Valley Bank. 17 branches transform, depositors switch. $72 billion assets purchased, discounted. In a bold move, North Carolina’s First...

First Citizens Nearing Deal for Silicon Valley Bank: Bloomberg

While Silicon Valley Bank didn't provide fiat on-ramps to exchanges, like Silvergate or Signature bank, a number of key crypto companies like Circle Financial...

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