3 ms·
late followup, it might indeed be that FDIC removed insurance limits for these two banks? I had seen the first round of announcements around receivership certi
by mister_tee 4y ago
late followup, it might indeed be that FDIC removed insurance limits for these two banks?
I had seen the first round of announcements around receivership certificates
https://www.fdic.gov/news/press-releases/2023/pr23016.html https://www.fdic.gov/news/press-releases/2023/pr23016.html
I'm not sure on the time of that but the Fed press release the evening of the same day has the exception and "all depositors will be made whole" phrasing:
https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm https://www.federalreserve.gov/newsevents/pressreleases/mone...