3 ms·
Not sure but things are moving fast and BAC may be kicking itself like other banks once they learned about the Citizens bank deal. I am guessing. My reasons fo
by jamesbond3000 4y ago
Not sure but things are moving fast and BAC may be kicking itself like other banks once they learned about the Citizens bank deal. I am guessing. My reasons for my thinking: It is reported that FDIC lost $20B in SVB bailout. SVB loan portfolio is healthy so this loss must be just payouts to depositors that wanted their money. Didnot see any reports that FDIC will get back those payouts from the loan portfolio (eventualy).