The resolutions of Silicon Valley Bank, Signature Bank and now First Republic are likely to drain $35 billion from the Deposit Insurance Fund. Odds are increasing that banks even small ones will pay higher premiums and perhaps a special assessment to replenish the fund.
Speed of US bank failures to play starring role in Fed, FDIC post-mortems | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
The failures of two large regional U.S. banks in mid-March blew a $22 billion hole in the nation s deposit insurance fund and shook confidence in the global financial system. | April 27, 2023