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Tag: silicon valley bank failure

Waters: Expanded deposit insurance is ‘on the table’

Waters: Expanded deposit insurance is ‘on the table’

March 14, 2023March 14, 2023 · Banking

WASHINGTON — The top Democratic lawmaker on the House Financial Services Committee Maxine Waters, D-Calif., is floating the idea of guaranteeing all uninsured depositors in the future.  “Are…

Read more Waters: Expanded deposit insurance is ‘on the table’
Silicon Valley and Signature fallout will raise DIF fees. Who’s paying?

Silicon Valley and Signature fallout will raise DIF fees. Who’s paying?

March 13, 2023March 13, 2023 · Banking

The Federal Deposit Insurance Corp. will likely have to raise its Deposit Insurance Fund fees in the event that it is reduced due to the failures of Silicon…

Read more Silicon Valley and Signature fallout will raise DIF fees. Who’s paying?
Not just Silicon Valley: SVB’s collapse spreads globally

Not just Silicon Valley: SVB’s collapse spreads globally

March 13, 2023March 13, 2023 · Business

It wasn’t just Washington that scrambling to deal with the collapse of Silicon Valley Bank.  Officials in the U.K. conducted all-night talks between Sunday and Monday in a…

Read more Not just Silicon Valley: SVB’s collapse spreads globally
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