Por: Associated Press Business March 27, 2023
NEW YORK (AP) — North Carolina-based First Citizens will buy the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world. The deal could reassure investors at a time of shaken confidence in banks, though the Federal Deposit Insurance Corp. and other regulators had already to head off a wider banking crisis by guaranteeing that depositors in SVB and... + full article
Fox Business USA Business March 27, 2023
Shark Tank star Kevin OLeary explains the success behind North Dakotas public banks and the impact of the SVB collapse on regional banks. could soon be acquired through an auction by First Citizens Bank with a deal being announced as early as Sunday, according to reports. First... + más
How Jerome Powell Killed Silicon Valley Bank | Forbes
Why Deposit Insurance Didn’t Help Silicon Valley Bank | Forbes
Independent Institute senior fellow Judy Shelton reacts to the banking failure and gives her take on the Fed's rate hikes on 'Making Money.' The Silicon Valley Bank finally has a buyer. On Sunday, the Federal Deposit Insurance Corporation (FDIC) announced of... + más
What the FDIC does when a bank fails | CBS News
The FDIC and your bank deposits: What to know | Fox Business
Orlando Sentinel USA Business March 27, 2023
NEW YORK — North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world. The deal could reassure investors at a time of... + más
First Citizens reportedly nearing deal to acquire Silicon Valley Bank | Fox Business
Silicon Valley Bank Has Found Its New Owner | The Daily Beast
The Boston Globe USA Business March 27, 2023
First Citizens BancShares, a family-run bank in North Carolina that traces its history to the late 1800s, said on Sunday that it would acquire Silicon Valley Bank, the California lender founded in the 1980s at the center of the technology industry, whose rapid growth and sudden... + más
The Daily Beast USA Nation March 27, 2023
Silicon Valley Bank has a new owner. The Federal Deposit Insurance Corporation (FDIC), which currently controls the institution and its assets, announced in a Monday morning that it had “entered into a purchase and assumption agreement for all deposits and loans of Silicon... + más
Can the chaos from Silicon Valley Bank's fall be contained? | ABC News
Forbes USA Business March 13, 2023
A sign to Silicon Valley Bank is seen through raindrops on a window in Santa Clara, Calif., Friday, ... [+] March 10, 2023. The Federal Deposit Insurance Corporation is seizing the assets of Silicon Valley Bank, marking the largest bank failure since Washington Mutual during the... + más
Forbes USA Business March 11, 2023
Ok. For the record, I like Jerome Powell. He may have underestimated inflation, but so did a lot of people. Rather, I want to talk about how rising interest rates crippled Silicon Valley Bank — and how this might affect other banks, as well as your portfolio. What happened to... + más
More than half of Silicon Valley residents want to leave: ‘The mood is darkening’ | New York Post
A major bank failed. Here’s why it’s not 2008 again | ABC News
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