FDIC’s Purchase of Silicon Valley Bridge Bank Sparks Crypto Debate

SNEAK PEEK

• First–Citizens Bank & Trust Company has acquired Silicon Valley Bridge Bank, National Association.
• First–Citizens Bank & Trust Company's deposits are FDIC-insured up to the maximum.
• Silicon Valley Bridge Bank, National Association's $72 billion assets were purchased for $16.5 billion.

Read original article on Investorbites