First Citizens in advanced talks to buy Silicon Valley Bank -source
(Reuters) -First Citizens BancShares Inc was in advanced talks to acquire Silicon Valley Bank, a person familiar with the matter told Reuters on Sunday. First Citizens could reach a deal as soon as Sunday to acquire Silicon Valley Bank from the Federal Deposit Insurance Corp (FDIC), according to Bloomberg News, which first reported the development. First Citizens has around $109 billion in assets and total deposits of $89.4 billion. The […]