FDIC Faces $23 Billion in Costs From Bank Failures. It Wants Big Banks to Pay
Bloomberg, Mar. 29, 2023–Katherine Doherty, Hannah Levitt, Katanga Johnson
The Federal Deposit Insurance Corp., facing almost $23 billion in costs from recent bank failures, is considering steering a larger-than-usual portion of that burden to the nation’s biggest banks, according to people with knowledge of the matter.
https://www.bloomberg.com/news/articles/2023-03-29/fdic-mulls-squeezing-big-banks-hard-to-plug-23-billion-hole?srnd=premium#xj4y7vzkg