![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](https://cdn.newsserve.net/ONPglobe256.png)
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
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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