In the U.S., meanwhile, #Raleigh, N.C.-based #First #Citizens #BancShares (NASDAQ:FCNCA) agreed to buy most of #Silicon #Valley’s loan book and securities - and assume all of its deposits
which is based in #Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as #well as the 17 branches that SVB owned across the United States.