First Citizens Bank will purchase about $72 billion of Silicon Valley Bank’s assets at a discount of $16.5 billion.
SOPA Images/LightRocket via Getty ImagesAs part of the deal, the North Carolina-based First Citizens Bank has agreed to purchase $72 billion of SVB’s loans at $16.
5 billion from the FDIC.The FDIC said it will continue to retain receivership of around $90 billion worth of SVB’s assets—including securities.This is a developing story.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
First Citizens Bank to buy Silicon Valley Bank deposits and loansFirst Citizens Bank agreed to buy Silicon Valley Bank's deposits and loans, the U.S. Federal Deposit Insurance Corporation said Monday.
Leer más »
FDIC says First Citizens Bank has reached deal to purchase Silicon Valley BankThe Federal Deposit Insurance Corporation said the First–Citizens Bank & Trust Company has agreed to purchase Silicon Valley Bank and will insure all depositors up to federal limits.
Leer más »
First Citizens Bank to buy Silicon Valley Bank deposits and loansBREAKING: First Citizens Bank agreed to buy Silicon Valley Bank’s deposits and loans, the U.S. Federal Deposit Insurance Corporation said Monday .
Leer más »
FDIC announces First-Citizens Bank & Trust Company to purchase assets of Silicon Valley Bank | CNN Business
Leer más »