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SVB customers who lost deposits under pressure to repay loans

Por: Fox Business Business June 19, 2023

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FOX Business host Charles Payne calls out theft on 'Making Money.' Despite  (SVB) customers in Asia having their deposits seized by the Federal Deposit Insurance Corp. (FDIC), they remain indebted to for outstanding loans, according to a new report.  The FDIC brokered a sale of SVB’s customer accounts, branches and loans to First Citizens, after the California bank failed to insulate its U.S. deposits earlier this year. Valley... + full article



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