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fdic

FDIC announcement says big banks to pick up the bill and pay extra fees to cover failure of SVB

Per Bloomberg The Federal Deposit Insurance Corp. just announced that big banks would have to pay extra FDIC fees in order for the failure of SVB to be covered. This would be true for banks with over $50 billion in assets, as the FDIC says they would have to "
11 May 2023 1 min read
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