FDIC set to levy big banks to pay for $15.8 billion bailout of Silicon Valley, Signature Banks

The Federal Deposit Insurance Corporation proposed Thursday levying a special assessment on big banks with high levels of uninsured deposits to replenish the U.S. deposit insurance fund following the failure of Silicon Valley Bank and Signature Bank last month. The assessment would impact the…#fdic #martingruenberg #svb #fcnca #firstcitizens #siliconvalleybank #rebecaromerorainey #marketwatch #krx #kre

Source: Reuters: Health - May 13, 2023 Category: Consumer Health News Source Type: news