Research source candidate · Not admitted
FDIC press release PR-23-2023 (First Citizens P&A)
Dossier reference SVB-S07
Authored research source candidate. Not yet a governed Counterpedia source.
Found in
- demo-corpus-wave2 / silicon-valley-bank-demo-corpus-dossier-v0-2
Authored authority / posture: resolution announcement; states that as of March 10, 2023 the bridge bank had approximately $167 billion in total assets and about $119 billion in total deposits; loss-share on commercial loans; the FDIC estimates the cost of the failure to the DIF at approximately $20 billion, with the exact cost determined when the receivership terminates.
Authored priority: P0
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