Re:Robinhood launches 3% checking account
by yorwba on Thursday December 13, 2018 @07:06PM
(#18677310)
As far as I can tell, the coverage amount of 100,000 euros was respected in these cases, probably precisely to avoid doubts like that about the safety of deposits.
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Re:Robinhood launches 3% checking account
by Scoundreller on Thursday December 13, 2018 @08:41PM
(#18677731)
The UK and Dutch depositors in the Icelandic banks got bailed out by the UK and Dutch taxpayer.
Iceland's government/deposit insurance did not pull through.
Cyprus wasn't much different either.
https://www.telegraph.co.uk/finance/financialcrisis/11877219...
https://www.telegraph.co.uk/finance/financialcrisis/9965943/...
Re:Robinhood launches 3% checking account
by yorwba on Friday December 14, 2018 @03:10AM
(#18679278)
Your first link doesn't mention the insurance amount at all, the second only talks about deposits beyond the 100,000 euro limit and apparently British customers got an even better deal with the higher limit of £85,000.