Exploring FDIC and Bank Failures
Fintech Layer Cake
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The Silver Lining for Fintech in the Face of Uncertainty
The FDIC takes over a bank on a Friday, the close of business. The idea in virtually most of the FDIC receiverships is that come Monday, it's business as usual. "I think what's so fun about advising clients like Mercury is that you're helping them develop a really important product," he says.
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