Noticias de dinero

FDIC sells most of Silicon Valley Bank to First-Citizens. The total cost of the collapse of the SVB for the Deposit Insurance Fund: $20 billion

Lambert: Nice test of my theory that financial institutions with “First” in their names are like restaurants with “Mom’s” in their names. Wolf Richter, editor of Wolf Street. Originally published on Wolf Street. FDIC is a liquidation machine. And so it is announced on Sunday evening that he made a purchase and transaction with First-Citizens

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Global

How the FDIC acts in the event of bank failure

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