Valley National, First Citizens bidding for Silicon Valley: report
What went wrong at the Silicon Valley Bank?
Fox News contributor Kim Strassel responds to the bank failure and provides insight on ESG investing standards on ‘Kudlow.’
The banks bidding for Silicon Valley Bank have added another interested party.
Valley National Bancorp has reportedly submitted a bid for Silicon Valley Bank after its collapse earlier this month, according to Bloomberg.
Valley National joins First Citizens BancShares as a competing bidder for SVB.
The two regional banks submitted separate bids to the Federal Deposit Insurance Corp. before a Friday night deadline.
FIRST CITIZENS EMERGES AS POSSIBLE SUITOR FOR SILICON VALLEY BANK