First Citizens FCNCA, +0.06% is suing HSBC Holdings HSBC, +0.55% for more than $1 billion in damages, alleging that the U.K. bank took top bankers and confidential information from fallen Silicon Vall
First Citizens claims HSBC's move produced an unfair competitive advantage by giving it access to “trade secret information.”
First Citizens BancShares Inc , which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of illegally poaching more than 40 of the failed bank's employe
Though a banking crisis may be daunting for investors, the storm will pass, and strong stocks will benefit dramatically. Industry consolidation, shrinking valuations, and innovation should provide inv
The acquisition was immensely accretive to earnings and First Citizens' tangible book value. The challenge for management is retaining and running SVB's core startup and venture capital businesses.
The major market indices are sending investors mixed signals. Follow these 5 market segments to decode the action and determine the market's next move.
First Citizens (FCNCA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Best Momentum Stocks to Buy for May 15th

11:26am, Monday, 15'th May 2023
FCNCA, SHAK and WIRE made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 15, 2023.

New Strong Buy Stocks for May 15th

09:55am, Monday, 15'th May 2023
LCUT, IPG, FCNCA, SHAK and WIRE have been added to the Zacks Rank #1 (Strong Buy) List on May 15, 2023.
Regional banks remain under pressure 10 weeks after the start of the bank crisis. Regulators, JPMorgan's Jamie Dimon aim at short sellers.
FDIC's new proposal requires banks like JPM, BAC and WFC, which have more than $5 billion in assets, to pay for the collapse of Silicon Valley Bank and Signature Bank.
While prominent gurus in the financial world have declared the end of the regional banking crises after the failure for four large regional banks, depositors and shareholders of those banks don't nece
The Federal Deposit Insurance Corporation was set Thursday to propose levying a special assessment on big banks with high levels of uninsured deposits to replenish the U.S. deposit insurance fund foll
D.A. Davidson on Thursday hiked its profit forecast and price target while reiterating a neutral rating on First Citizens Bancshares Inc. FCNCA after the bank provided a first-quarter update following

Top Calls: Banks Still Serve Great Purpose in US

03:18pm, Wednesday, 10'th May 2023
Stephen Scouten, Piper Sandler Managing Director joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close. -------- Fol
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