Bank Failures: Is Deposit Insurance The Answer?
In the months leading up to Silicon Valley Bank’s (NASDAQ: SIVB) demise, the bank’s lobbying groups went against a plan requiring financial institutions to boost their contributions to the Deposit Insurance Fund (DIF), which protects depositors in the event of a bank failure. But after a series of bank collapses, deposit insurance is now in … Continue reading Bank Failures: Is Deposit Insurance The Answer?
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