EPISODE · Apr 3, 2023 · 9 MIN
How First Citizens' Acquisition of SVB Could Change the Startup World Forever
from Money Rehab with Nicole Lapin · host Money News Network
Last week, the biggest bank you've never heard of (First Citizens Bank) purchased what was left of the fallen SVB. The purchase is part of First Citizens' pretty brilliant business model of buying collapsed banks. Why is it smart to buy a bank that's failed? Nicole explains. Listen to Trade Like Einstein here: https://link.chtbl.com/63Zpqkvs
What this episode covers
Last week, the biggest bank you've never heard of (First Citizens Bank) purchased what was left of the fallen SVB. The purchase is part of First Citizens' pretty brilliant business model of buying collapsed banks. Why is it smart to buy a bank that's failed? Nicole explains. Listen to Trade Like Einstein here: https://link.chtbl.com/63Zpqkvs
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How First Citizens' Acquisition of SVB Could Change the Startup World Forever
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