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First Citizens BancShares records $9.8 bln gain from Silicon Valley Bank purchase

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First Citizens BancShares records $9.8 bln gain from Silicon Valley Bank purchase

First Citizen BancShares Inc on Wednesday reported a gain of $9.82 billion in the first quarter from its acquisition of failed lender Silicon Valley Bank in March.

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First Citizens BancShares records $9.8 bln gain from Silicon Valley Bank purchase

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First Citizens BancShares records $9.8 bln gain from Silicon Valley Bank purchase

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