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Banks borrow record-breaking $160B from Fed crisis lending programs

Por: Fox Business Business March 18, 2023

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Opimas LLC CEO Octavio Marenzi discusses whether the banking crisis has been contained after Silicon Valley Bank and Credit Suisse received financial support on 'Vaney & Co.' Banks rushed to take advantage of the program this week, borrowing the most since 2008 amid widespread panic about the financial sector. shows that banks borrowed $11.9 billion from the new emergency backstop known as the Bank Term Funding Program, which was... + full article



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