FDIC proposes big banks pay to recover losses in SVB and Signature failures

The FDIC on Thursday proposed that the nation's largest banks pay a "special assessment" to cover the costs of bailing out uninsured depositors in the failures of Silicon Valley Bank and Signature Bank. Why it matters: There were concerns that small banks would wind up bearing some of these costs…#fdic #svb #signaturebank #

Source: Reuters: Health - May 11, 2023 Category: Consumer Health News Source Type: news