The assets and loans of collapsed US lender Silicon Valley Bank (SVB) are being bought by rival First Citizens BancShares. The failure of SVB earlier this month triggered fears about the stability of other lenders, sparking sharp falls in bank…
Stock markets hit again by banking worries
Banking shares have fallen sharply again as investors remain nervous following the collapse of Silicon Valley Bank (SVB) in the US last week. The failure of SVB has raised fears that other banks could also be facing problems. Shares in…
