Question

Which of the following has bought Silicon Valley Bank (SVB) from US regulator the Federal Deposit Insurance Corporation (FDIC)?

A First Citizen Bank Correct Answer Incorrect Answer
B JPMorgan Chase Correct Answer Incorrect Answer
C Citigroup Correct Answer Incorrect Answer
D U.S. Bancorp Correct Answer Incorrect Answer
E PNC Financial Services Correct Answer Incorrect Answer

Solution

First Citizen Bank, self-described as one of America's largest family-controlled banks, has bought SVB from US regulator the Federal Deposit Insurance Corporation (FDIC).

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