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Why It Makes Perfect Sense That First Citizens Bought SVB

Por: MarketWatch Business March 27, 2023

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It has completed more than 50 acquisitions since 1990, according to Christopher Marianac, director of research at Janney Montgomery Scott. Including the Silicon Valley deal, 23 of those went through the Federal Deposit Insurance Corp. “The company has a very good record with the FDIC and an approach that the regulatory agency likes a great deal,” Marianac told Barron’s. read more That familiarity with regulators likely mattered a great... + full article



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