secwatch.observer — SEC 8-K summary
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Issuer:     FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)
CIK:        0000798941
Form:       8-K
Filed at:   2021-12-20T23:59:59+00:00
Accession:  0000798941-21-000049
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Citizens receives final Fed approval for CIT merger; close expected early Jan 2022
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- Received final regulatory approval from the Federal Reserve Board for merger with CIT Group.
- Merger previously approved by FDIC and NC Commissioner of Banks; closing subject to 15-day waiting period.
- Combined company to be a top 20 U.S. bank by assets, operating under First Citizens name.
- Merger expected to close as soon as practicable in early January 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798941/000079894121000049/0000798941-21-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798941/000079894121000049/fcnca-20211220.htm
  HTML page:      https://secwatch.observer/filing/0000798941-21-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer