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Black Friday for The FAANG Who May Lose a Member

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Paying with plastic is so passé: The global chip shortage is causing delays for new credit and debit cards — here’s why it’s past time you made the switch to a digital wallet

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Silicon Valley Bank will be bought by North Carolina-based First Citizens

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The sale involves the sale of all deposits and loans of SVB to First-Citizens, the FDIC said in a statement late Sunday. Read More

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First Citizens to buy large chunk of failed Silicon Valley Bank

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The deal will see First Citizens Bank purchase approximately $72 billion of SVB assets at a discount of $16.5 billion.

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