First Citizens Bank & Trust Co will buy all of Silicon Valley Bank's deposits and loans from the Federal Deposit Insurance Corporation (FDIC), the regulator said in a statement.
FILE PHOTO: A security guard stands outside of the entrance of the Silicon Valley Bank headquarters in Santa Clara, California, U.S., March 13, 2023.
Brittany Hosea-Small/File Photo/File Photodeposits and loans from the Federal Deposit Insurance Corporation , the regulator said in a statement.
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