SVB Is in Hiring Mode to Defend Its Turf a Year After Collapse

How SVB's Historic Collapse Happened
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Nearly a year after its collapse, Silicon Valley Bank is back in hiring mode as it seeks to win back business and defend its turf from competitors seeking to make strides with startups and venture capitalists.

The business, now part of Raleigh, North Carolina-based First Citizens BancShares Inc., has added about 200 bankers since it failed last year — and has openings for dozens more, according to President Marc Cadieux.