First Citizens Bank

The Raleigh-based bank bought SVB in a deal negotiated by the Federal Deposit Insurance Corporation — an independent U.S. government agency designed to help financial institutions.

North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month. The deal could reassure investors at a time of shaken confidence in the banking industry.

The Charlotte Division of the FBI has been on the lookout for a bank robber who has operated in Wake, Nash, and Franklin Counties. The suspect is known as…