American Banker

First Citizens to drop SVB name, 3 years after crisis

After Silicon Valley Bank collapsed in 2023, its remains were acquired by First Citizens Bancshares, which kept using the ...
Banking Dive

First Citizens to shed SVB name

The Raleigh, North Carolina-based lender is dropping the Silicon Valley Bank name in the fourth quarter. It’s also letting go ...

Silicon Valley Bank will soon be gone; First Citizens to wipe away SVB brand three years after collapse

Marc Cadieux, president of Silicon Valley Bank, said of the bank's rebranding: “This is a name change only. Everything our ...
Hosted on MSN

First Citizens tops Q1 estimates, unveils brand overhaul

First Citizens BancShares reported Q1 2026 adjusted EPS of $44.86, beating analyst estimates, despite a decline in net interest income. The bank announced plans to rebrand its Silicon Valley Bank and ...
New York Post

Weak Fed oversight contributed to SVB’s stunning collapse, probe finds

Sloppy oversight by Federal Reserve regulators contributed to a rapid failure of Silicon Valley Bank that shook the global banking sector earlier this year, according to the findings of the Fed’s ...

First Citizens outlines $6.5B-$6.8B 2026 net interest income while shifting to a united brand in Q4

Q1 2026 Management view "We were pleased with our first quarter results. This morning, we reported adjusted earnings per share of $44.86, representing an adjusted ROE and ROA of 10.39% and 0.97%, ...
Reuters

SVB Financial seeks to escrow nearly $2 bln seized by FDIC over lost interest

NEW YORK, Aug 15 (Reuters) - SVB Financial(SIVBQ.PK), opens new tab, the bankrupt former parent of Silicon Valley Bank, on Tuesday argued that the U.S. government should place $1.93 billion in seized ...
Inc

Entrepreneurs Learned Vital Lessons From SVB’s Collapse. The Latest Scourge: Multiple Banks

While few could have predicted the collapse of Silicon Valley Bank, the founders who faced huge losses on their SVB deposits until the federal government bailed them out aren’t keen to tempt fate ...
The Hill

Thanks to regulators, SVB will be the most costly bank failure in history

The FDIC estimates that the SVB resolution will cost the deposit insurance fund $20 billion. The receivership has already lost $16.5 billion in the discounted loan values needed to consummate the ...
WealthManagement.com

Six SVB Private Advisors Jump to Cerity

A group of six former SVB Private advisors have joined Cerity Partners, a New York-based hybrid registered investment advisor with about $62 billion in client assets, according to public filings. The ...
AOL

‘Chasing yield’ was an inside joke at SVB—until it led to the bank’s collapse

Here’s a now not-so-funny joke from 2011. It’s a signed cartoon painting of three executives in the parking lot of a branch of Silicon Valley Bank (SVB), all chasing little Dr. Seuss characters with ...

Silicon Valley Bank is officially gone, as First Citizens will wipe away the name three years after collapse

Preview this article 1 min “We’re eager to start talking and bringing together the wide product set that First Citizens, as a ...