How much will Silicon Valley Bank customers get back from the money they deposited? They may not recover it all, analysts say.

Silicon Valley Bank, known as SVB, was shut down by the FDIC on Friday. The government agency is trying to recoup money for depositors.
Seeking Alpha

It's Early, But The SVB Deal Still Looks Like A Winner For First Citizens BancShares

First Citizens is still in the early days of stabilizing and integrating the former Silicon Valley Bank, and investors will likely be closely watching the SVB deposit numbers in Q3'23. SVB provides a ...
Bloomberg L.P.

First Citizens Deposits Beat Estimates as SVB Deal Boosts Income

First Citizens BancShares Inc., the regional lender that acquired Silicon Valley Bank when it failed in March, said deposits beat estimates helped by growth in its direct bank channel. Deposits ...
AOL

Bank deposits are back above pre-SVB levels. Regional lenders still have problems.

Banks have now regained all deposits they lost following the collapse of Silicon Valley Bank. But that doesn't solve many of the problems still faced by regional lenders. The amount of deposits held ...
WRAL

What the FDIC takeovers of SVB and Signature mean for the banks' customers and employees

Here's where things stand for customers and employees of Silicon Valley Bank and Signature Bank, both of which failed this week and were promptly taken over by the FDIC. Over the weekend, the Treasury ...
The Business Journals

SVB and First Republic lost deposits in Mass. New data suggests how much.

Both Silicon Valley Bank and First Republic may have lost a significant amount of Mass. deposits during the fallout following their failures, according to new data released by the Federal Deposit ...
AOL

Big banks have seen the most deposits from startups since SVB’s collapse—but there’s one startup in the mix

Matt Martin got to see a bank run in real time. At the 2023 SV Angel’s Founder Summit, Martin, cofounder and CEO of Clockwise, was in a room filled with tech founders and luminaries, on the Thursday ...
NBC News

Regulators shut down Silicon Valley Bank in biggest collapse since 2008 financial crisis

Silicon Valley Bank, one of the tech sector’s favorite lenders, is shutting down. The California Department of Financial Protection and Innovation said Friday that it was taking over and closing the ...
American Banker

First Citizens reels in profits as loans and deposits grow

First Citizens BancShares' profits surged in the fourth quarter, reflecting both a large upswing in fee income and a reduction in credit-loss provisions. Processing Content The $200 billion-asset ...
Business Insider

Why Silicon Valley Bank failed

Wondering what the hell just happened at Silicon Valley Bank? The California bank was closed by regulators Friday and put under the control of the Federal Deposit Insurance Corp. That followed a ...
The Business Journals

Five things: Ambri layoff warning, Southie apartments, SVB deposits, and an innovation road trip

Today's five things to know include Ambri's layoff warning, a Southie apartments project, SVB and First Republic's lost Mass. deposits, and an innovation road trip with BostInno. Good morning, Boston.