https://www.siliconvalley.com/2023/03/27/fdic-announces-first-citizens-bank-trust-company-to-purchase-assets-of-silicon-valley-bank/ > First Citizens Bank is buying most of the business of Silicon Valley Bank, the US tech lender that failed earlier this month. > The Federal Deposit Insurance Corporation (FDIC) said in a statement late Sunday it had agreed that First-Citizens Bank & Trust Company would buy all of SVB’s deposits and loans that regulators had transferred to a bridge bank in the wake of its collapse.