CNBC: First Citizens Bank to buy Silicon Valley Bank deposits and loans
CNBC reports: First Citizens Bank & Trust Co will buy Silicon Valley Bank’s deposits and loans, the ...
(Editor’s note: The headline of this post has been updated – here’s the original title – following additional feedback from Flexport, confirming and expanding on what was previously stated by the forwarder.)
Those lucky enough who had the temper to plough through 2,000 words of my Silicon Valley Bank & Friends op-ed yesterday, may have caught these lines at the bottom of our lengthy coverage:
(Thanks for getting there if you read that far.)
“And so, who is ultimately exposed in T&L? All eyes are on San Francisco’s Flexport…. ...
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