First Citizens BancShares Stock News

North Carolina-based First Citizens is getting a $16.5 billion discount on the assets it's buying.

Frank Holding Jr., First Citizens Bank chairman and CEO, joins 'Squawk Box' to discuss the company's acquisition of SVB's assets and more.

Christopher Whalen, Whalen Global Advisors chairman, joins 'Squawk Box' to discuss First Citizens Bank's acquisition of SVB's assets, how regional banks are healing, and more.

First Citizens Bank agreed to buy SVB on Sunday, taking over 17 branches and paying $72 billion for the collapsed lender's assets.

Here were some of the most active stocks in premarket trade, as U.S. stock index futures were boosted on improving news from the banking sector.

Seventeen days after its collapse, Silicon Valley Bank has a new owner. First Citizens Bank, a North Carolina lender with a long history of purchasing failed banks, announced Monday (Mar. 27) that it

Shares of First Republic Bank FRC, -1.36% surged 24% in premarket trading on Monday and led a swathe of regional lenders higher, following news of that failed Silicon Valley Bank finally has a buyer.

Can a North Carolina-based bank hold into Silicon Valley Bank's customers?

North Carolina-based lender First Citizens Bank has sealed a deal to buy collapsed lender Silicon Valley Bank, taking on US$56bn (£46bn) of customer deposits, US regulators have confirmed. First Citi

First Citizens Bank will purchase about $72 billion of Silicon Valley Bank's assets at a discount of $16.5 billion.

First Citizens BankShares has agreed to buy Silicon Valley Bank, the California lender that served as lifeblood of thousands of startups and whose collapse sent shockwaves through the financial sector

First Citizens Bancshares is buying big pieces of Silicon Valley Bank more than two weeks after the lender's collapse sent tremors through the banking system.

First Citizens Bank agreed to buy Silicon Valley Bank's deposits and loans, the U.S. Federal Deposit Insurance Corporation said Monday.

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.

First Citizens BancShares Inc. is said to be in advanced talks to acquire Silicon Valley Bank after its collapse earlier this month, according to people familiar with the matter. Adam Haigh reports on