Re:FDIC Takes over Silicon Valley Bank
by ncallaway on Friday March 10, 2023 @11:52AM
(#35097000)
Where'd you get the 3% figure? The only thing I saw in the article was that it was not determined.
> At the time of closing, the amount of deposits in excess of the insurance limits was undetermined. The amount of uninsured deposits will be determined once the FDIC obtains additional information from the bank and customers.
Is the 3% figure from SVB or an estimate from another source?
> At the time of closing, the amount of deposits in excess of the insurance limits was undetermined. The amount of uninsured deposits will be determined once the FDIC obtains additional information from the bank and customers.
Is the 3% figure from SVB or an estimate from another source?