BVTV: SVB’s new home | Reuters Video

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BVTV: SVB’s new home | Reuters Video
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Video: Silicon Valley Bank has a new owner. The buyer got a great deal. The financial system maybe didn’t, says johnsfoley:

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Silicon Valley Bank bought, but Silicon Valley has already moved onSilicon Valley Bank bought, but Silicon Valley has already moved on‘We don’t even think about it anymore except to say, “Oh my gosh, remember how crazy it was?”‘
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Sen. Mark Warner says he’ll return Silicon Valley Bank donations if evidence of ‘malfeasance’Sen. Mark Warner says he’ll return Silicon Valley Bank donations if evidence of ‘malfeasance’Sen. Mark Warner, D-Va., says he will receive thousands in campaign donations he received from the failed Silicon Valley Bank if there is evidence of malfeasance.
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First Citizens said to be near deal for Silicon Valley Bank: reportFirst Citizens said to be near deal for Silicon Valley Bank: reportFirst Citizens BancShares Inc (FCNCA.O) was in advanced talks to acquire Silicon Valley Bank (SIVB.O) and close to making a deal.
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First Citizens near deal to buy Silicon Valley Bank: reportFirst Citizens near deal to buy Silicon Valley Bank: reportFirst Citizens BancShares Inc. is close to a deal to acquire failed Silicon Valley Bank from the Federal Deposit Insurance Corp., according to a report late...
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First Citizens Nearing Deal for Silicon Valley Bank: BloombergFirst Citizens Nearing Deal for Silicon Valley Bank: BloombergRaleigh, N.C.-based First Citizens is the 30th largest bank in the U.S., with $109 billion in assets, and recently completed an acquisition of New York-based commercial lender CIT.
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