Yesterday, we explained that the reason why the stock price of First-Citizens Bank & Trust exploded on Monday after the FDIC revealed that it would "acquire" much of the now failed Silicon Valley Bank, is because in exchange for paying $500 million to the FDIC, the Raleigh, N.C. bank would not only ...

US regulators are moving toward a breakup solution for Silicon Valley Bank after failing to line up a suitable buyer for the entire company, according to people familiar with the matter.  The Federal Deposit Insurance Corp. is now seeking to sell the failed bank in at least two parts, said the peopl...