Re:Dream First Bank Assumes All of the Deposits of Heartland...
by toomuchtodo on Friday July 28, 2023 @09:08PM
(#36915675)
Systemic banks will be fine, only the rinky dink banks are in danger. Each bank failure will be an orderly handover of assets and deposits to a better capitalized acquirer.
If you own treasuries, you’ve already bought into “full faith and credit.” Carry on with your day, and maybe don’t keep deposits at a regional bank.
If you own treasuries, you’ve already bought into “full faith and credit.” Carry on with your day, and maybe don’t keep deposits at a regional bank.