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First Citizens emerges as possible suitor for Silicon Valley Bank

Photo by Wes Hicks on Unsplash

The Federal Deposit Insurance Corp. will decide on Sunday whether to pursue a full sale or breakup of Silicon Valley Bank.

One financial institution that may be throwing its hat in the ring is First Citizens BancShares, according to Bloomberg.

The firm is reportedly evaluating making an offer for SVB.

The lender based in North Carolina is among the handful of potential buyers for the auction pr…

Read more at foxbusiness.com: First Citizens emerges as possible suitor for Silicon Valley Bank

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