First Citizens made bid Sunday for all of Silicon Valley Bank, Bloomberg reports

First Citizens BancShares (FCNCA), which has bought over 20 failed banks since 2009, submitted a bid on Sunday to acquire all of SVB Financial (SIVB) and is still pursuing a deal for Silicon Valley Bank, Bloomberg’s Ed Hammond and Matthew Monks report, citing people familiar with the matter. First Citizens may also participate in auctions this week for the two parts of the company, the authors say. Reference Link