Kommunitas

After a lot of speculation claiming that Silicon Valley Bank could be sold to First Citizens Bank, an agreement has been entered between First-Citizens Bank &amp; Trust Company to purchase and assume all deposits and loans of Silicon Valley Bridge Bank, N.A. The 17 former branches of SVB will open as First-Citizens Bank &amp; Trust Company on Monday, March 27. However, customers of the bank should continue to use their current branch. Going forward, they will receive a notice from First-Citizens Bank &amp; Trust Company indicating that system conversions have been completed. Only after completion will bank services at all locations be available. <img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/4d866e82a9a449e28b78f373f83b6b46.png" />#KOMnews #kommunitas #firstcitizenbank #siliconvalley #acquisition #svb #cryptonews #economycrisis #CryptoCommunity

First Citizens Bank Officially Acquired Silicon Valley Bank

Kommunitas Official

Other articles published on Mar 28, 2023

What is tokenomics?

CFTC-Binance Lawsuit Forces BTC Slump, Crypto Daily TV 28/3/2023

DFund AI: Decentralized AI and New Financing Order

U.S CFTC Sues Binance and CEO CZ for Federal Rules Violations

Twitter Temporarily Suspended Arbitrum’s Official Account

[Opinion] Hayes' "most hated BTC rally" theory: what will it mean for BTC to reach $1M?

Join our free newsletter for daily crypto updates!