economics

First Citizens BancShares is in talks to acquire Silicon Valley Bank (SVB) after the startup and tech-focused bank broke down this month, according to people familiar with the matter. First Citizens may come to an agreement to buy back SVB with the Federal Deposit Insurance Corporation of the United States …

The world’s most powerful central banks may stop raising interest rates after the Silicon Valley Bank (SVB) crisis, economists have said, amid growing signs of financial stress linked to rapid increases in borrowing costs over the past year. Analysts said the US Federal Reserve would probably leave interest rates on …