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FDIC calls to boost deposit insurance for business accounts

May 2, 2023

Individuals can easily get more coverage by opening additional accounts at different banks. But that's much more complicated for businesses, according to the FDIC.

Elisabeth Buchwald First Republic Bank On Deposit Insurance Corporation Signature Bank Silicon Valley Bank Federal Deposit Insurance Corporation

Source: wlwt.com

SVB collapse: Yellen says US could backstop small banks if problems grow

March 21, 2023

Treasury Secretary Janet Yellen said that the federal government could intervene to protect depositors at small banks if the fallout from Silicon Valley Bank’s collapse keeps growing.

United States Janet Yellen Elizabeth Warren First Republic Bank Silicon Valley Bank Signature Bank

Source: washingtonexaminer.com

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FDIC calls to boost deposit insurance for business accounts

SVB collapse: Yellen says US could backstop small banks if problems grow

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