Re:FDIC accidentally reveals the Silicon Valley Bank deposit...
by kccqzy on Tuesday November 05, 2024 @01:25PM
(#42053966)
Your link says:
> The FDIC estimates that […] Of the estimated loss amounts, approximately 88 percent, or $18 billion, is attributable to the cost of covering uninsured deposits at SVB while approximately two-thirds, or $1.6 billion, is attributable to the cost of covering uninsured deposits at Signature Bank.
With the caveat that these were estimates and there was significant uncertainty.
> The FDIC estimates that […] Of the estimated loss amounts, approximately 88 percent, or $18 billion, is attributable to the cost of covering uninsured deposits at SVB while approximately two-thirds, or $1.6 billion, is attributable to the cost of covering uninsured deposits at Signature Bank.
With the caveat that these were estimates and there was significant uncertainty.