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 ...
NBC New York

Fed's Barr Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement'

The Federal Reserve's top banking regulator said Monday that the failure of Silicon Valley Bank was due largely to mismanagement, though he noted that regulation and oversight also need to step up.