acquisition offer

According to reports, people familiar with the matter disclosed that First Citizens BancShares of the United States is evaluating its acquisition offer for Silicon Valley Bank. People familiar with the matter said the First Citizen Bank of the United States, headquartered in Naroli, North Carolina, is one of the few potential buyers of the bankrupt Silicon Valley bank, and the offer will be closed on Sunday morning. Insider: First Citizen Bank of the United States is considering acquiring Silicon Valley Bank Analysis based on this information:According to reliable sources, the First Citizens BancShares of the United States is currently assessing the possibility of an acquisition offer for the Silicon Valley Bank. Arising from financial instability, the Silicon Valley bank has been proactively attempting to explore acquisition options from other financial institutions. First Citizens BancShares is one of the few potential buyers of the Silicon Valley Bank, based in North Carolina, United States. Sources revealed that negotiations and discussions between both…