SVB Customers Who Lost Their Deposits Remain on the Hook for Loans

https://www.wsj.com/articles/svb-customers-who-lost-their-deposits-remain-on-the-hook-for-loans-5df7963b

Removed paywall: https://archive.ph/1d4uw

2 points · 1 comments · view on lemmy.world

1 Comments

King@vlemmy.net · 1 pts · 3y

Banks in foreign countries are not covered by FDIC. They don't pay deposit insurance.