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Silicon Valley Bank Has Found Its New Owner

Por: The Daily Beast Nation March 27, 2023

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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 Valley Bridge Bank, National Association, by First–Citizens Bank & Trust Company, Raleigh, North Carolina.”The news came after several reports late Sunday, including... + full article



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