First Citizens Bank Buys Silicon Valley Bank Deposits and Loans

First Citizens Bank buys deposits and loans from Silicon Valley banks – CBS News

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First Citizens Bank has reached a deal to acquire Silicon Valley Bank after the California bank collapsed earlier this month. Tony Ducpil and Lilia Luciano of CBS News are joined by Hannah Meow, Market Reporter for The Wall Street Journal.

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Written by Natalia Chi

Chicago Popular; Chicago breaking news, weather and live video. Covering local politics, health, traffic and sports for Chicago, the suburbs and northwest Indiana.

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