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1 min read

First Citizens Bank reaches deal to purchase deposits, loans of Silicon Valley Bank

"Customers of Silicon Valley Bridge Bank, National Association, should continue to use their curren…

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1 min read

First Citizens buys Silicon Valley Bank

The deal includes the purchase of about $72 billion of Silicon Valley Bridget Bank assets at a disc…

Huileng Tan   


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1 min read

First Citizens Bank jumps 50% after deal to acquire assets of collapsed Silicon Valley Bank

Shares of the Raleigh, North Carolina-based bank hit an intraday high of over $880, its highest lev…

Morgan Chittum   


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2 mins read

US set to sanction an entire IDF battalion with a history of alleged human rights abuses on the West Bank, report says

The US could sanction an entire IDF unit for the first time following allegations of the Netzah Yeh…

Rebecca Rommen   


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US stocks trade mixed as bank fears ebb with sale of SVB assets to First Citizens

Bank jitters eased Monday as First Citiizens announced a deal to acquire assets from SVB. A Senate …

Jennifer Sor   


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4 mins read

First Citizens just bought Silicon Valley Bank – here's everything you need to know about the latest twist in the banking turmoil

First Citizens Bank agreed to buy SVB on Sunday, taking over 17 branches, $119 billion in deposits,…

George Glover   


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4 mins read

Mis-selling trap – Why ULIPs are not for senior citizens

Haldar’s investment was hit during the 2020 market crash and he lost a big part of his savings. Plu…

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5 mins read

451 million voters! First four phases of Lok Sabha elections witness 66.95% voter turnout so far

Lok Sabha elections 2024 have seen a voter turnout at polling stations of about 66.95 per cent so f…

ANI   


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2 mins read

First Citizens Bank, the buyer of SVB's assets, is run by a billionaire North Carolina family that's bought over 20 failed banks since 2008

The Holding Family seized an opportunity to expand its First Citizens' banking empire through the s…

Carla Mozée   


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7 mins read

The Jewish settlers 'living the American dream' in the West Bank

US-born settlers are "overrepresented" in the occupied West Bank, which has seen a surge of violenc…

Rebecca Rommen   


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1 min read

The family behind First Citizens Bank has seen its wealth double to $2.2 billion after buying SVB's assets out of bankruptcy

CEO Frank Holding and his relatives have seen their combined stake in First Citizens Bank surge in …

Zahra Tayeb   


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2 mins read

As BoI becomes first bank to launch Mahila Samman Savings Certificate, here's what you need to about it

Bank of India, one of the largest public sector banks in India, has launched the Mahila Samman Savi…

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8 mins read

ULIPs are not for senior citizens: Here’s how to choose the right investments to secure the golden years of your life

Investments for senior citizens should prioritize capital protection, regular income, liquidity, an…

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4 mins read

I bought my first house in rural Scotland at 22. Housing is affordable in the countryside and I love it here.

After moving from India to Scotland for university, Simran Kaur decided to settle in the countrysid…

Gouri Sharma   


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1 min read

Govt approves 29th tranche of electoral bonds; sale from Nov 6

Ahead of assembly elections in five states, the government on Saturday approved the issuance of 29t…

PTI   


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2 mins read

Huileng Tan   


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Dow jumps 400 points to end tumultuous first quarter as markets move on from bank crisis

The S&P 500 and Nasdaq Composite saw a winning quarter, gaining 6% and 17%, respectively, since the…

Jennifer Sor   


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2 mins read

EU reaches provisional agreement on landmark AI Act, a global first

The EU's AI Act is set to be the world's first comprehensive set of rules to govern AI and user …

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2 mins read

First Republic stock jumps 18% to lead regional bank shares higher after SVB finds a buyer

First Republic Bank led a pack of US regional bank stocks, which rose on news that failed Silicon V…

Zinya Salfiti   


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Why it's not that great that everyone is flocking to their online bank

Even though they took a hit following the banking turmoil earlier this year, small and regional ban…

Josée Rose