BrikoX@vlemmy.net to

World News@lemmy.ml · 1 year ago

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

2

9

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

BrikoX@vlemmy.net to

World News@lemmy.ml · 1 year ago

2

WSJ News Exclusive | SVB Customers Who Lost Their Deposits Remain on the Hook for Loans

Customers of Silicon Valley Bank’s Cayman Islands branch who counted on using their deposits to repay credit lines are in a bind after the FDIC seized the funds.

cross-posted from: https://vlemmy.net/post/125873

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

Chat

BrikoX@vlemmy.netOP
link
fedilink
arrow-up
6·
1 year ago
If you ask me none of them should have been bailed out above the set cap of $250,000.

World News@lemmy.ml

worldnews@lemmy.ml

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !worldnews@lemmy.ml

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

1.54K users / day
3.7K users / week
5.41K users / month
21.4K users / 6 months
2.3K local subscribers
32.1K subscribers
10.5K Posts
122K Comments
Modlog