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Fearing run on banks, group asks FDIC to insure deposits for
Fearing run on banks, group asks FDIC to insure deposits for
Fearing run on banks, group asks FDIC to insure deposits for two years
A coalition of midsize U.S. banks asked federal regulators to extend FDIC insurance to all deposits for the next two years, arguing the guarantee is needed to avoid a wider run on the banks.
“Doing so...
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