3 ms·
Asking large depositors to split their deposit amongst multiple banks is unreasonable Asking them to insure their own funds is a reasonable thing to do though
by youngtaff 4y ago
Asking large depositors to split their deposit amongst multiple banks is unreasonable
Asking them to insure their own funds is a reasonable thing to do though
- bagavi 4y agoIt's thier choice to adopt either solutions. My point was that the existing tools and infra was enough for svb customers to secure themselves. At a high level, they didn't bother getting an insurance and now they beg for bailout.