First Citizens considering takeover of Silicon Valley Bank
March 19, 2023
© Reuters. FILE PHOTO: Destroyed SVB (Silicon Valley Bank) logo and U.S. flag is seen in this illustration taken March 13, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) – First Citizens BancShares Inc is evaluating an offer for Silicon Valley Bank, Bloomberg News reported on Saturday, citing people familiar with the matter.