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FIRST CITIZENS BANCSHARES
Oil gains for 3rd day on Kurdish supply concerns, easing banking fearsAnalysts had expected U.S. crude oil stockpiles to have risen last week, while distillate and gasoline inventories were seen down. The U.S....29 Mar, 2023, 07.37 AM IST- Oil extends gains on Kurdish supply risks and banking reliefCrude oil prices extended gains on Tuesday with Brent crude futures rising by 0.4% to $78.44 and West Texas Intermediate US crude up 0.4% a...28 Mar, 2023, 08.36 PM IST
- Japan shares end higher as bank stocks rise amid easing financial crisis fears"Bank stocks lifted the market today, but investors sold shares that had outperformed in previous sessions, which limited overall gains," s...28 Mar, 2023, 12.24 PM IST
- Gold edges higher on softer dollar; banking optimism limits appealGold prices slipped more than 1% on Monday as investors scaled back on safe-haven trading in favour of riskier assets after First Citizens ...28 Mar, 2023, 08.02 AM IST
- Safe-haven dollar slides as bank fears ease; yen surgesThe yen, traditionally also a safe haven, however, rebounded strongly for overnight losses, with analysts pointing to likely repatriation o...28 Mar, 2023, 07.51 AM IST
- Oil prices little changed; supply concerns, banking crisis in focusChina's crude oil imports are expected to rise 6.2% in 2023 from last year's level to 540 million tonnes, according to an annual forecast b...28 Mar, 2023, 07.47 AM IST
- US stock market: S&P 500 ends up slightly; SVB deal lifts bank sharesThe S&P 500 ended slightly higher on Monday as a deal for Silicon Valley Bank's assets helped to boost bank shares, while a decline in tech...28 Mar, 2023, 07.42 AM IST
- Dow, S&P 500 up as SVB deal lifts bank shares; Nasdaq dipsThe Dow Jones Industrial Average rose 288.66 points, or 0.9%, to 32,526.19, the S&P 500 gained 21.21 points, or 0.53%, to 3,992.2 and the N...28 Mar, 2023, 01.21 AM IST
- Oil rises on Kurdistan export halt and banking optimismConcerns over a crisis in Turkey's banking sector have eased, contributing to a 1.6% increase in Brent crude prices to $76.17 a barrel and ...27 Mar, 2023, 09.09 PM IST
- First Citizens Bank to acquire SVB's deposits, loans from FDICThe depositors of Silicon Valley Bridge Bank, National Association, will automatically become depositors of First–Citizens Bank & Trust Com...27 Mar, 2023, 07.53 PM IST
- US mid-tier lenders gain on SVB deal, hopes of more govt supportMarket worries eased on Monday as First Citizens BancShares agreed to buy failed SVB in a deal in which unit First-Citizens Bank & Trust Co...27 Mar, 2023, 07.24 PM IST
- Rupee does better than peers, importers advised to hedgeThe news flow related to the U.S. and Europe banking sectors is currently the main focus point for investors. In a positive development, th...27 Mar, 2023, 04.10 PM IST
- First Citizens in advanced talks to buy Silicon Valley Bank: SourceFirst Citizens could reach a deal as soon as Sunday to acquire Silicon Valley Bank from the Federal Deposit Insurance Corp (FDIC), accordin...27 Mar, 2023, 08.18 AM IST
- Gold eases on steady dollar; market focus on banking risksPhysical gold dealers in India were forced to offer the steepest discounts in more than a year to lure buyers put off by a record surge in ...27 Mar, 2023, 08.06 AM IST
- Valley National, First citizens in race for SVBFDIC, which seized the lender and has been seeking to sell it for about two weeks now, is expected to choose a winner in the sales process ...26 Mar, 2023, 11.53 PM IST
- Valley National Bancorp bidding for Silicon Valley BankThe FDIC which now controls the Silicon Valley Bank assets, when asked for a comment on the report said it is not confirming or commenting ...26 Mar, 2023, 06.33 AM IST
- First Citizens weighing takeover of Silicon Valley BankOffers are due Sunday morning. The Federal Deposit Insurance Corp. will decide on Sunday whether to pursue a full sale or breakup, dependin...19 Mar, 2023, 08.57 AM IST
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