Opportunity for First Citizens Bank; Lucid Group cuts staff: The National Observer March 29, 2023
March 29, 2023 at 15:14 PM EDT
First Citizens has a problem and an opportunity. On one hand, many of the startup clients of the recently acquired Silicon Valley Bank aren't familiar with it and may be jittery after SVB's failure earlier this month. On the other hand, these customers represent a lot of potential new business if First Citizens can convince them to come back into the fold.