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No Guarantee Systemic Risk Exception Will Save The Next Bank

Authors :
Cioffi, Joseph
Source :
Mondaq Business Briefing. February 20, 2024
Publication Year :
2024

Abstract

Introduction As observed with the rescue of Silicon Valley Bank (SVB) and Signature Bank, the systemic risk exception allows the Federal Deposit Insurance Corporation (FDIC) to intervene in situations where [...]

Details

Language :
English
Database :
Gale General OneFile
Journal :
Mondaq Business Briefing
Publication Type :
News
Accession number :
edsgcl.783044164