The FTSE 100 rose 0.5% in early trade, with the purchase of large chunks of SVB’s assets by First Citizens steadying nerves, although some caution is set to remain about potential repercussions, Hargreaves Lansdown said.
Source
The FTSE 100 rose 0.5% in early trade, with the purchase of large chunks of SVB’s assets by First Citizens steadying nerves, although some caution is set to remain about potential repercussions, Hargreaves Lansdown said.
Source
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First Citizens scores a great deal, while the deposit insurance fund takes a $20 billion hit. Source
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