27 03, 2023

First Citizens Bank Shoots up 50%+ After Acquiring the Bulk of SVB – is it Too Late to Buy FCNCA?

By |2023-12-07T20:58:18+00:00March 27th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Last Tuesday (March 21st) we wrote about the rumors that First Citizens Bank (FCNCA) had thrown its own bid in the mix for the failed Silicon Valley Bank (SVB). And today, those rumors proved true as the US FDIC has announced a deal that will have First Citizens Bank purchase SVB’s deposits and loans [...]

21 03, 2023

First Citizens Bank Jumps on SVB Rumors…True or Not, There’s Something Investors Need to See

By |2023-12-07T20:58:38+00:00March 21st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , |

It’s been reported that First Citizens Bank (FCNCA) has thrown its hat in the ring in an effort to acquire the recently failed Silicon Valley Bank (SVB). Rumor has it that on Sunday, the Raleigh, North Carolina-based lending & banking company submitted a bid to buy all of SVB. But, as of right now, [...]

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