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A comment on FDIC Establishes Signature Bridge Bank, N.A., As Successor to Signature Bank. Parent comment

Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by fbdab103 on Sunday March 12, 2023 @09:58PM (#35129765)
I suppose the only rationale thing I can do now is look for the banking institutions which offer the best above-market rates. If the bank goes under, the government will prop it up. I could hardly have been expected to do my own diligence on a bank.
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Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by nerdponx on Sunday March 12, 2023 @10:39PM (#35130246)
* * *
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Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by supertrope on Sunday March 12, 2023 @10:06PM (#35129860)
That can be fine for personal banking. Regulators audit liquidity coverage ratio, tier 1 capital, etc. Investment products have bolded warning that FDIC insurance does not apply. For commercial banking it can be argued that counter-party risk assessment is on the business.
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Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by fbdab103 on Sunday March 12, 2023 @10:22PM (#35130047)
>For commercial banking it can be argued that counter-party risk assessment is on the business.

Except in this case where businesses who used SVB get a Mulligan?

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Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by xur17 on Sunday March 12, 2023 @10:02PM (#35129814)
That was already the case for the vast majority of people since FDIC insures anything up to 250k.
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