Milyardo t1_jdw9up2 wrote on March 27, 2023 at 5:37 PM Reply to comment by LordOfTheDerp in First Citizens Bank to purchase assets of Silicon Valley Bank by Substantial-Pass-992 The assets of SVB are good. SVB failed only because it wasn't liquid enough to prevent a run. The only reason to be concerned if is First Citizens doesn't balance long term assets like SVB's bonds with short term ones or cash. Permalink Parent 4
Milyardo t1_jdw9up2 wrote
Reply to comment by LordOfTheDerp in First Citizens Bank to purchase assets of Silicon Valley Bank by Substantial-Pass-992
The assets of SVB are good. SVB failed only because it wasn't liquid enough to prevent a run. The only reason to be concerned if is First Citizens doesn't balance long term assets like SVB's bonds with short term ones or cash.