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Big Banks Sure Are Quiet These Days
Motley Fool Money
Are the Big Banks Just Sitting Quiet?
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The money that's being used to reimburse the depositors would come from a fund that has already been established that is paid into by U.S. banks. As I said on Friday, somewhere on the spectrum of outcomes for Silicon Valley Bank was a larger bank steps in and buys them. Although the big banks have been very quiet for the most part. If you bank with JP Morgan Chase or Bank of America, you're not going to have this problem.
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