03/27/2023

Midsize banks ask FDIC for sweeping deposit guarantee

https://newstarget.com/2023-03-24-midsize-american-banks-fdic-insure-deposits.html

Midsize banks in the US have reportedly requested that the Federal Deposit Insurance Commission (FDIC) start insuring all bank deposits during the next two years in order to avoid further bank runs. The move comes after a high-profile run on Silicon Valley Bank, which saw many large depositors move their money out of regional banks […]

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