Technology

Raleigh-based First Citizens Bank to acquire Silicon Valley Bank

North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world.
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North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world.

Reporter : Lora Lavigne
Photographer : Mark Olexik
Web Editor : Jessica Patrick
Posted 2023-03-27T06:38:12-0400 - Updated 2023-03-27T06:38:12-0400