First Citizens in talks to acquire Silicon Valley Bank.
TL;DR Summary
First Citizens BancShares is reportedly close to acquiring Silicon Valley Bank from the FDIC, with a deal expected to be reached as soon as Sunday. Neither First Citizens nor the FDIC have commented on the matter.
- First Citizens said to be near deal for Silicon Valley Bank: report New York Post
- First Citizens Said to Near Deal for Silicon Valley Bank Bloomberg
- Valley National, First Citizens Said to Bid on Silicon Valley Yahoo Finance
- Valley National, First Citizens bidding for Silicon Valley: report Fox Business
- First Citizens in advanced talks to buy Silicon Valley Bank Reuters
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