First Citizens Bank news and trends

First Citizens Bank and Sixth Street Partner on Equipment Financing
B2B Payments // February 05, 2025

First Citizens Bank and global investment firm Sixth Street have launched a new platform designed to provide flexible capital equipment financing solutions to middle market companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

More Than Half of US Companies Use Real-Time Payments
Real-Time Payments // December 20, 2024

Instant payments continue their global sweep, with expanding RTP® network capabilities from The Clearing House in the United States, Australia simplifying cross-border transfers and Hungary embracing QR codes for everyday transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

First Citizens Offers Instant Payments via RTP Network
Faster Payments // September 10, 2024

First Citizens Bank now lets customers receive instant payments via the RTP network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

First Citizens Reports Strong Liquidity a Year After SVB Purchase
Earnings // April 25, 2024

Showing its ability to navigate challenging economic conditions and make progress in integrating its purchase of Silicon Valley Bank, Raleigh-based First Citizens BancShares posted a solid first quarter on Thursday (April 25) marked by an optimistic take on consumer spending. Get the Full Story Complete...

Interviews & Exclusives
Update: Synapse Bankruptcy Trustee Seeks Chapter 7 or Dismissal

June 09, 2025
The end might be near for the Synapse bankruptcy case. Jelena McWilliams, the court-appointed Chapter 11 trustee has formally requested the U.S. Bankruptcy Court for the Central District of California to convert the Chapter 11 case to Chapter 7 or, alternatively, dismiss it. The motion filed Friday, June 6, highlights the estate’s lack of funds, […]

Silicon Valley Bank’s Downfall: Lessons Learned and Unanswered Questions

March 11, 2024
It’s said that those who don’t learn from history are doomed to repeat it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Quick Reads
First Citizens Bank and Sixth Street Partner on Equipment Financing

February 05, 2025
First Citizens Bank and global investment firm Sixth Street have launched a new platform designed to provide flexible capital equipment financing solutions to middle market companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]

First Citizens Offers Instant Payments via RTP Network

September 10, 2024
First Citizens Bank now lets customers receive instant payments via the RTP network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

SVB Adds Bankers as Anniversary of Its Failure Nears

February 15, 2024
While other lenders are cutting staff, Silicon Valley Bank (SVB) is reportedly hiring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Silicon Valley Bank Rolls Out Enhanced Digital Banking Platform

October 23, 2023
Silicon Valley Bank (SVB), a division of First Citizens Bank, has unveiled a range of new and updated products and services. Get the Full Story Complete the form to unlock this article...