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Happy Friday! The Weekly Market Highlights is an initiative from the Binance Research team to round up the week, summarizing key market events and views from the team.
🔎 Macro / TradFi
First Citizens BancShares has acquired Silicon Valley Bank. The deal includes the purchase of ~US$72B of SVB’s loans at a US$16.5B discount and the transfer of $56B worth of the bank’s deposits.
Happy Friday! The Weekly Market Highlights is an initiative from the Binance Research team to round up the week, summarizing key market events and views from the team.
🔎 Macro / TradFi
First Citizens BancShares has acquired Silicon Valley Bank. The deal includes the purchase of ~US$72B of SVB’s loans at a US$16.5B discount and the transfer of $56B worth of the bank’s deposits.