First bank purchased silicon velly bank after termoil of collapsed SiliconValleyBank

Silicon Valley Bank is an American national bank. It's financial bank for infrastructural works financing

Image credit - Unplash

North Carolina based lender First Citizens Bank has bought the bankrupt Silicon Valley Bank

Image credit - Unplash

In bankruptcy, Silicon Valley Bank was taken over by the Federal Reserve Deposit Insurance

Image credit - Unplash

After the continuous decline in the shares of Silicon Valley Bank, the regulatory body of America had siz this bank

Image credit - Unplash

First Citizens Bank acquires deposits, loans and branches of Silicon Valley Bank

Image credit - Unplash

Silicon Valley Bank to open 17 branches after First Citizen Bank buys