Editors Pick

March 27, 2023

First Citizens Bank Acquires Large Portion of Silicon Valley Bank's Assets at a Discount

In a major financial move, First Citizens Bank has acquired a substantial chunk of Silicon Valley Bank's assets at a discount. The deal, which is estimated to be worth around $72 billion, has extensiv...

Editors Pick

March 10, 2023

Silicon Valley Bank, First FDIC-Insured Bank to Fail in 2023

Silicon Valley Bank, a leading financial institution in California, has become the first FDIC-insured bank to fail this year. The bank's closure was initiated by the state regulators, who found that t...

Stock Market

June 01, 2022

Mutual Funds: Types and How they work

A mutual fund is a form of financial vehicle that invests in securities such as stocks, bonds, money market instruments, and other assets by pooling money from multiple investors.Professional money ma...