First Citizens Bank and Trust company has agreed to purchase and assume all deposits and loans of Silicon Valley Bank, SVB, is a California lender that served as the lifeblood to thousands of startups before its collapse on March 10, 2023, after a bank run, marking the second-largest bank failure in
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.
