Not sure but things are moving fast and BAC may be kicking itself like other banks once they learned about the Citizens bank deal. I am guessing. My reasons for my thinking: It is reported that FDIC lost $20B in SVB…
It seems Citizens banks made out with $20B of potential profit with very little downside. Hope I am wrong. Hope FDIC retained claims against SVB loan assets equal to what FDIC paid out to depositors that wanted to RUN…
Not sure but things are moving fast and BAC may be kicking itself like other banks once they learned about the Citizens bank deal. I am guessing. My reasons for my thinking: It is reported that FDIC lost $20B in SVB…
It seems Citizens banks made out with $20B of potential profit with very little downside. Hope I am wrong. Hope FDIC retained claims against SVB loan assets equal to what FDIC paid out to depositors that wanted to RUN…