First Citizens Bank to Buy Most Assets of Silicon Valley Bank
First-Citizens Bank & Trust Company, a subsidiary of Raleigh-NC based First Citizens BancShares, Inc., has…
Category: News
BART to Add New Jump-Proof Fare Gates, Double Patrols
BART is moving forward with a purchase of brand-new fare gates to be installed systemwide…
Revolv Scores $15 Million Series A
SAN FRANCISCO — Revolv, a full-service provider of electric medium-to-heavy commercial fleets, announced it has closed a…
11 Major Banks Team Up With $30 Billion to Bolster First Republic
Eleven major banks are depositing a combined $30 billion in First Republic Bank of San…
FDIC Creates Silicon Valley Bridge Bank
The Federal Deposit Insurance Corporation (FDIC) has transferred all deposits—both insured and uninsured—and substantially all…
SVB Financial Looks to Sell Other Businesses
SANTA CLARA — SVB Financial Group (“SVBFG”) announced its Board of Directors has appointed a…
FDIC Shutters Silicon Valley Bank
Silicon Valley Bank has been taken over by the government. The Santa Clara-based bank was closed…
Silicon Valley Bank Collapses on Cash Crunch
SVB Financial, the holding company for Silicon Valley Bank, saw its stock collapse Thursday after…
Google’s Pixel Watch Adds Fall Detection
Google’s Pixel Watch has unveiled Fall detection, giving users more ways to keep safe and…
Robert De Niro to Star in Netflix Series Zero Day
Acclaimed actor Robert De Niro will star in a new Netflix limited series Zero Day,…
Lilly Cuts Insulin Prices by 70%
Eli Lilly and Company announced price reductions of 70% for its most commonly prescribed insulins and…
Median California Home Price Drops to $751,330
California home sales edged up in January for the second straight month, as interest rates…