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How First Citizens' Acquisition of SVB Could Change the Startup World Forever

How First Citizens' Acquisition of SVB Could Change the Startup World Forever

Money Rehab with Nicole Lapin

April 3, 20239m 16s

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Show Notes

Last week, the biggest bank you've never heard of (First Citizens Bank) purchased what was left of the fallen SVB. The purchase is part of First Citizens' pretty brilliant business model of buying collapsed banks. Why is it smart to buy a bank that's failed? Nicole explains.

Listen to Trade Like Einstein here: https://link.chtbl.com/63Zpqkvs