Feds Want Big Banks to Pay $23 Billion SVB Collapse Bill

Feds Want Big Banks to Pay $23 Billion SVB Collapse Bill

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Regulators want America’s biggest banks to help cover the cost of the recent banking crisis. The Federal Deposit Insurance Corp. (FDIC) is weighing the idea of shifting a large chunk of the $23 billion cost of two high-profile bank failures to large lenders like J.P. Morgan Chase and Bank of…

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