First Citizens Bank, the buyer of SVB's assets, is run by a billionaire North Carolina family that's bought over 20 failed banks since 2008

First Citizens Bank, the buyer of SVB's assets, is run by a billionaire North Carolina family that's bought over 20 failed banks since 2008

Business Insider

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The Holding Family seized an opportunity to expand its First Citizens' banking empire through the sudden crash of Silicon Valley Bank, Forbes reported.

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