GLOBAL FINANCE
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First Citizens to buy large chunk of failed Silicon Valley Bank
The deal will see First Citizens Bank purchase approximately $72 billion of SVB assets at a discount of $16.5 billion.
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'The first bank crisis of the Twitter generation': The pressure on banks is very different to 2008
Credit Suisse and Silicon Valley Bank may have collapsed but a financial crash today would be very different to the 2008 crisis.
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Pfizer signs agreement with China on improving health coverage in the country
U.S. pharma giant Pfizer has signed an agreement with China to cooperate on improving the country's health coverage, according to the company.
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China's debt-heavy local governments look for new ways to raise cash
Debt-heavy local governments in China need new ways to raise money under a central regime keen on reducing financial risks.