First Citizens beats profit estimates, says Silicon Valley Bank business stabilized

Retrieved on: 2024-04-25 15:03:34

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Silicon Valley Bank

HSBC

First Citizens BancShares

Economic history of California

SVB Financial Group

Collapse of Silicon Valley Bank

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First Citizens beats profit estimates, says Silicon Valley Bank business stabilized. View article details on HISWAI: https://www.financialexpress.com/business/investing-abroad-first-citizens-beats-profit-estimates-says-svb-business-stabilized-3468540/

Summary

First Citizens BancShares' Q1 profits soared, aided by its acquisition of the collapsed Silicon Valley Bank, demonstrating resilience amidst the historic banking crisis that affected California's economic landscape.

Article found on: www.financialexpress.com

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