First Citizens soars more than 50% after buying 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.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: First Citizens soars more than 50% after buying large chunk of failed Silicon Valley Bank

### Response: The deal will see First Citizens Bank purchase approximately $72 billion of SVB assets at a discount of $16.5 billion.