The deal will see First Citizens BancShares purchase approximately $72 billion of SVB assets at a discount of $16.5 billion.
Source: First Citizens shares soar 45% after the bank buys a large chunk of failed Silicon Valley Bank
The deal will see First Citizens BancShares purchase approximately $72 billion of SVB assets at a discount of $16.5 billion.
Source: First Citizens shares soar 45% after the bank buys a large chunk of failed Silicon Valley Bank