FDIC Loses $20 Billion in the Sale of Silicon Valley Bank

1 year ago 161

First Citizens Bank

FDIC has sold Silicon Valley Bank to First-Citizens Bank for $20 billion. First-Citizens took $56 billion in deposits and $72 billion in loans.
Read Entire Article
  3. FDIC Loses $20 Billion in the Sale of Silicon Valley Bank

Related

First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?

First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?

Fed Bank President: Banking Crisis Tips US Economy Toward Recession

Fed Bank President: Banking Crisis Tips US Economy Toward Recession

Crypto Analyst Issues Warning on ‘Polygon Killer’ Aribtrum, Says ARB Will Never Reach $100

Crypto Analyst Issues Warning on ‘Polygon Killer’ Aribtrum, Says ARB Will Never Reach $100