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Silicon Valley Bank Pitches Its Comeback Story at Las Vegas Conference
In a quiet, beige hospitality suite tucked away in Las Vegas’s Venetian hotel, executives at Silicon Valley Bank — the tech-friendly lender which collapsed after a bank run — gathered to hammer home a message: The bank is back. After failing in a matter of days and largely being subsumed by regional lender First Citizens BancShares Inc. weeks later, the business — now a unit of First Citizens and still using its old name — is fighting to win back clients and reassert itself as a go-to financial partner for startups and venture capital funds. “We’re not afraid to re-earn that trust,” Christopher ... (full story)