First Citizens Comes to SVB's Rescue
WSJ Opinion: Potomac Watch - A podcast by Paul Gigot, The Wall Street Journal

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The FDIC found a buyer for Silicon Valley Bank's assets after its spectacular collapse in First Citizens BancShares, and Fed chairman Jerome Powell has vowed to look into the supervisors and regulatory policies to prevent this from happening again. But where does the blame truly belong, and do all signs point to a recession later this year? Learn more about your ad choices. Visit megaphone.fm/adchoices