FDIC to hit biggest US banks with $16bn bill for SVB clean-up
FDIC to hit biggest US banks with $16bn bill for SVB clean-up
12/5/2023 6:33

The biggest US banks will be hit with nearly $16bn in extra fees over two years under a Federal Deposit Insurance Corporation plan to recover its losses associated with rescuing Silicon Valley Bank and Signature Bank in March.

Source: Financial Times

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