First Citizens BancShares (FCNCA) Surged Following the Acquisition of Silicon Valley Bank
The one-month return of First Citizens BancShares, Inc. (NASDAQ:FCNCA) was -15.60%, and its shares gained 16.65% of their ...
U.S. News & World Report2y
What Investors Should Know About Silicon Valley Bank's Failure
On Friday, March 10, Silicon Valley Bank, a subsidiary of SVB Financial ... could be the next victim of the crisis, with shares plunging nearly 80% in morning trading despite several announcements ...
Reuters23d
Silicon Valley Bank's former parent sues to reclaim tarnished brand
First Citizens' share price has more than tripled since the Silicon Valley Bank takeover. The case is SVB Financial Trust v First Citizens Bank & Trust Co, U.S. District Court, Northern District ...
Business Insider2y
Panic and recrimination: Inside Silicon Valley's first real financial crisis
Panic ensued over the next 48 hours. Many took to social media to share their concern on Wednesday and Thursday morning. "Looks like Silicon Valley Bank is in some deep shit," Uncommon Capital ...
Silicon Valley Bank's former parent can pursue $1.93 billion FDIC lawsuit
Silicon Valley Bank's former parent may pursue a lawsuit to recover $1.93 billion of deposits that the Federal Deposit Insurance Corp seized following the bank's March 2023 collapse, a federal judge ...
Wall Street Journal2y
The Collapse of Silicon Valley Bank: What You Need to Know
The abrupt collapse of the Silicon Valley Bank, the second-biggest bank failure in U.S. history, prompted regulators to impose emergency measures to stem the fallout. WSJ’s Rachel Ensign ...
Business Insider1y
How Twitter panic took down Silicon Valley Bank in days
An curved arrow pointing right. Silicon Valley Bank spent decades building trust and relationships with Silicon Valley tech startups. But a Twitter panic took the bank down in days — triggered ...
Yahoo Finance17d
Banks 'learned a lesson' from Silicon Valley Bank collapse
Former CEO of Silicon Valley Bank, Ken Wilcox, also the author of "The China Business Conundrum," joins Wealth host Brad Smith to discuss the bank's recovery and share his insights on the state of ...
Palo Alto Weekly2y
Bank run sinks Silicon Valley Bank
Silicon Valley Bank’s Menlo Park location at 2770 Sand Hill Road. Courtesy Silicon Valley Bank. A run on a Bay Area bank with billions in deposits prompted state regulators to close it Friday ...
Hosted on MSN2mon
US wine sales expected to have fallen again in 2024, Silicon Valley Bank data shows
it is essential to rethink and enhance our approach with the 30-45 age group and improve our share between beer, wine, and spirits in that cohort,” Silicon Valley Bank added. When it comes to ...
Silicon Valley tech firm signs first office lease at major East Bank development
A Silicon Valley-based tech firm is the newest office tenant in the neighborhood, joining Oracle Corp., which is planning its ...