“All deposits assumed by First–Citizens Bank & Trust Company will continue to be insured by the FDIC up to the insurance limit,” the government corporation said in a press release.

Source: https://newsday.com.ng/first-citizens-bank-to-buy-svbs-deposits-loans-from-fdic/?utm_source=rss&utm_medium=rss&utm_campaign=first-citizens-bank-to-buy-svbs-deposits-loans-from-fdic

Although, when assets are being held in a trust, the FDIC may need some time to review trust documents to determine coverage limits.

Source: https://www.dailybreeze.com/2023/03/26/how-your-cash-accounts-are-insured/

Among others, the Commodity Futures Trading Commission (CFTC), Department of Justice (DOJ), Federal Deposit Insurance Corporation (FDIC) and a series of state agencies have also engaged in these matters with varying success.

Source: https://www.forbes.com/sites/forbesnonprofitcouncil/2023/02/21/what-all-businesses-can-learn-from-recent-missteps-in-crypto/

Anat Admati, a professor at Stanford’s Graduate School of Business, echoed the sentiment, noting that the FDIC appears to have helped ease the acquisition of First Republic.

Source: https://www.1310kfka.com/abc-news/business/05/first-republic-bank-fails-was-it-a-bailout/

And then with the enhanced rates product these are not FDIC insured.

Source: https://seekingalpha.com/article/4589174-healthequity-inc-hqy-q4-2023-earnings-call-transcript?source=feed_all_articles

An excellent starting point centers on a by the Federal Deposit Insurance Corporation (FDIC) and the Center for Financial Research () regarding systemic risks associated with bank failures.

Source: https://investorplace.com/2023/03/michael-burry-goes-back-on-advice-to-sell-heres-why/

Another US bank, Signature Bank, was also shut down by the Federal Deposit Insurance Corporation (FDIC) and the First Republic Bank has been aided by its rivals who are clearly worried about contagion.

Source: https://www.irishexaminer.com/business-columnists/arid-41096776.html

April 28 -The FDIC is prepared to place First Republic under receivership imminently, a source says.

Source: https://business.inquirer.net/398671/the-road-to-first-republic-banks-collapse

As anticipated, there’s a sturdy correlation between the FDIC Drawback Financial institution Checklist and the precise variety of financial institution failures.

Source: https://www.mccourier.com/fdic-problem-bank-list-definition/

As part of the agreement, the FDIC will share losses with JPMorgan on First RepublicРђЎs loans.

Source: https://www.pressenterprise.com/2023/05/01/first-republic-bank-seized-sold-to-jpmorgan-chase/

A spokesperson for the Executive Office of Housing and Economic Development wrote in an email that the FDIC and Treasury have reached out to affected housing developers, stating that their construction loan payments would be honored.

Source: https://dailyfreepress.com/2023/03/21/the-impact-of-silicon-valley-banks-crash-on-boston-affordable-housing/?utm_source=rss&utm_medium=rss&utm_campaign=the-impact-of-silicon-valley-banks-crash-on-boston-affordable-housing

As the regulatory review on the misclassification is ongoing, additional enforcement actions or other supervisory activity from the FDIC and other regulators remain possible, Discover said in filing on Friday.

Source: https://www.shorenewsnetwork.com/2023/10/02/discover-financial-jumps-7/

At the time of its failure, Silicon Valley Bank, which is based in Santa Clara, California, had $209 billion in total assets, the FDIC said.

Source: https://abcnews.go.com/Business/wireStory/banks-feel-sting-fed-fight-inflation-97767803

At this time, the FDIC has not established any end dates for services to SVB or Signature customers.

Source: https://www.mariontoday.org/latest-on-silicon-valley-bank-collapse-live-updates/

Biden wants the FDIC to force the return of compensation paid to bank executives should they fail and to lower the threshold for the regulator to impose fines and bar them from working at another bank.

Source: https://www.thehindubusinessline.com/news/world/joe-biden-calls-for-tougher-penalties-for-execs-of-failed-banks/article66634215.ece

CNBC's David Faber said that a resolution (likely FDIC receivership) is "getting close" because the chance of finding a buyer is "virtually nil".

Source: https://www.forexlive.com/news/government-currently-unwilling-to-intervene-on-first-republic-report-20230426/

December 17 - CNBC (Stephanie Landsman): "Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila Bair.

Source: https://seekingalpha.com/article/4659511-weekly-commentary-bubble-kings?source=feed_all_articles

"Depositors of Signature Bridge Bank, N.A., other than depositors related to the digital banking business, will automatically become depositors of the assuming institution," FDIC said.

Source: https://www.ibtimes.com.au/new-york-community-bancorp-buy-failed-signature-bank-assets-heres-what-we-know-about-takeover?utm_source=Public&utm_medium=Feed&utm_campaign=Distribution

FDIC releases outlines for deposit insurance reformyoutube.

Source: https://biztoc.com/x/acad3feaf42003fe?ref=ff

First off, the Federal Deposit Insurance Corp. (FDIC) has revealed a deal for the assets belonging to failed Silicon Valley Bank.

Source: https://investorplace.com/2023/03/why-are-stocks-up-today-13/