SVB Rescue Deal Boosts First Citizens Family's Wealth to $2.2 Billion
CEO Frank Holding and his relatives have seen their combined stake in First Citizens Bank surge in value following its SVB rescue deal.
Source: businessinsider.com
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CEO Frank Holding and his relatives have seen their combined stake in First Citizens Bank surge in value following its SVB rescue deal.
The Holding Family seized an opportunity to expand its First Citizens' banking empire through the sudden crash of Silicon Valley Bank, Forbes reported.