First Citizens hopeful of SVB growth post Fed rate cuts - The Legend of Hanuman

First Citizens hopeful of SVB growth post Fed rate cuts


First Citizens Bank is hopeful that its acquisition of Silicon Valley Bank will yield glittering results — when the Federal Reserve finishes lowering interest rates. Raleigh, N.C.-based First Citizens acquired SVB in March 2023 after the Santa Clara, Calif.-based SVB suffered a run during the mini-banking crisis.  “We expect that SVB commercial growth will be […]




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