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  • First Citizens Bank buys $72 billion of SVB loans & deposits at a $16.5 billion discount

First Citizens Bank buys $72 billion of SVB loans & deposits at a $16.5 billion discount

Another $90 billion in other assets from SVB will remain in the FDIC's control.

Roblox Dev Had $150 Million At Failed Bank SVB, Will Get It All Back

Roblox developer Roblox Corp. has revealed it had $150 million in cash parked at Silicon Valley Bank, the banking institution that recently folded, but the studio is not worried about…

Federal Reserve, FDIC & U.S. Treasury announce plans to protect Silicon Valley Bank depositors

The joint effort in the creation of this backstop is to make depositors whole and is not a bailout for SVB or its shareholders.

Silicon Valley Bank (SIVB) closed by regulators, insured deposits to be protected by FDIC

As SVB has been closed and its deposits have been taken over, the Federal Deposit Insurance Corp. has announced that insured depositors will have access by Monday.

SVB Financial (SIVB) stock crashes 50% as tech investment bank seeks to raise more cash

The tech-focused bank announced a plan to raise over $2 billion in capital in an attempt to offset losses on bond sales.

Crypto giant Silvergate Capital is shutting down operations and liquidating its bank

Silvergate Bank will wind down operations and be voluntarily liquidated. Its Silvergate Exchange Network payment platform was already suspended.

Hogwarts Legacy made so much bank, WB is beating Tesla and Amazon

Since its release earlier in February, Harry Potter RPG game and Steam best-seller Hogwarts Legacy has made enough money that the stock price for Warner Bros. has climbed faster than…

Cities: Skylines DLC Financial Districts teaches you to make bank

As far as city-building games go, Cities: Skylines DLC and the excellent base game make it one of the best. So, you’ll be glad to hear that a new DLC…

Xbox Game Pass Makes Bank – Unlocked 565

We finally get some real numbers from Xbox Game Pass, including how much revenue it generated last year and how much Xbox is paying for the Ark games on Game…

Roblox: Bank Tycoon Codes (Tested September 2022)

Players in the Roblox: Bank Tycoon game manage the bank of their dreams by hiring employees to execute various tasks. Obtain ATMs so clients can complete transactions without waiting in…