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The Mid-Size Bank Coalition of America (MBCA) has reportedly asked United States federal regulators to extend insurance on all deposits for the next two years.
According to a March 18 Bloomberg report, the MBCA – a coalition of mid-size U.S. banks – sent a letter to the U.S. Federal Deposit Insurance Corporation (FDIC), asserting that extending insurance on “all deposits” would “immediately halt the exodus” of deposits from smaller banks.
3/3 © Reuters. A helicopter drops water on a wildfire in San Agustin, Spain, March
© Reuters. FILE PHOTO: A globe is seen in front of Chinese and Taiwanese flags
© Reuters. FILE PHOTO: Apple CEO Tim Cook attends the Apple Original Series “Ted Lasso”
© Reuters With Coinbase (NASDAQ:) seemingly on the verge of a court battle with the
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