Big US Banks May Need To Pay For Collapse Of Smaller Rivals
Bloomberg Daybreak: Europe Edition
00:00
The Politics of SVB's Collapse
Politicians in Washington are seeing that the big banks have benefited from these deposit inflows as people pull deposits from smaller banks. The idea would be to put more of the burden onto the large banks in order to pay or I should say, rebuff the FDIC's fund. What precedent is there for this and how would it actually work?
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