Fintech Insider Podcast by 11:FS cover image

723. News: After Dark: Silicon Valley Bank bought by US rival and Klarna embraces ChatGPT

Fintech Insider Podcast by 11:FS

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The FDIC's Decision to Buy First Citizens Bank in the US

The FDIC has decided to buy first citizens bank in the US. First Citizens is not an obvious FinTech fit per se, but they do have experience at rescuing some of these distressed businesses. They've made an interesting commitment up front to focus on those private equity clients. It's a good match because we all want these customers to be properly looked after.

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