Por: Los Angeles Times Business March 27, 2023
North Carolina-based First Citizens Bank & Trust will buy Silicon Valley Bank, the tech-focused financial institution whose collapse earlier this month rattled the banking industry and sent shock waves 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 taken extraordinary steps to head off a wider banking crisis by guaranteeing... + full article
New York Post USA Business March 31, 2023
Investors have been mistakenly dumping their stakes in Republic First Bancorp this month – all because they confused it with the troubled lender First Republic. Shares of Pennsylvania-based Republic First have plunged more than 30% since the start of the month as fears of a... + más
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Forbes USA Business March 28, 2023
(AP Photo/Damian Dovarganes)Copyright 2023 The Associated Press. All rights reserved Key Takeaways While depositors have been protected, the clean up from the Silicon Valley Bank (SVB) collapse has been ongoing in the background. In the weekend following the shutdown, a new... + más
Silicon Valley Bank Has Found Its New Owner | The Daily Beast
How Jerome Powell Killed Silicon Valley Bank | Forbes
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
Why Deposit Insurance Didn’t Help Silicon Valley Bank | Forbes
Forbes USA Business March 27, 2023
SANTA CLARA, CALIFORNIA - MARCH 10: A Brinks armored truck sits parked in front of the shuttered ... [+] Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Silicon Valley Bank was shut down on Friday morning by California regulators and was put... + más
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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
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
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