Early Life
Carson Brice was born in Carman, Manitoba, Canada, in October 1910. Although not much is known about his early life, he is part of a family with a long history in banking. The family moved to Milwaukee, Wisconsin when he was young.
Rise to Success
Carson Brice's rise to prominence is primarily linked to his family's ownership of First Citizens Bank, a commercial banking chain based in Raleigh, North Carolina. His grandfather, Robert Powell Holding, became an employee of the bank in 1918 and its president in 1935, before passing it down to Frank's father, Lewis Holding. Brice, along with his three sisters and his brother Frank, collectively own about 20% of the bank. In 2023, the family's wealth was estimated to be approximately $2.2 billion, boosted by the bank's acquisition of Silicon Valley Bank's assets. The bank has been on a mission to expand nationwide through acquisitions, and its growth accelerated since the 2008 financial crisis with the help of FDIC-assisted acquisitions of small failed banks.
Key Business Strategies
The key business strategy of Carson Brice revolves around his stake in First Citizens Bank. The bank’s strategy includes opportunistic acquisitions, particularly of failing banks, and expansion across the US.
Philanthropy
Specific details on Carson Brice's philanthropy are not available.