depositors

Receive free US banks updatesWe’ll send you a myFT Daily Digest email rounding up the latest US banksnews every morning. Shares in State Street, the global custody bank, fell more than 10 per cent on Friday, the largest drop since…

Warren Buffett said more US banks are likely to fail, but depositors should be confident they won’t lose any of their funds. “We are not through with bank failures,” the Berkshire Hathaway Inc. chairman and chief executive officer said in…

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Silicon Valley Bank customers have spent three tense days wondering if millions of dollars they entrusted to the now-failed bank were lost. They got their answer Sunday night: All their funds — even amounts not insured by the FDIC — will…

There’s no word yet on bidders for Silicon Valley Bank (or other parts of SVB Financial), but regulators have decided that depositors will be fine. From the Federal Reserve, FDIC and Treasury on Sunday: Today we are taking decisive…

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After holding bank employees hostage at gunpoint to retrieve the frozen funds she needed for her sister’s cancer treatment, Sali Hafiz had a message for her fellow Lebanese citizens.“People are committing suicide,” she told a local…

Issued on: 16/09/2022 - 16:43 Lebanese depositors, including one armed with a hunting rifle, broke into at least four banks Friday to demand their trapped savings, a sign of…

By KEN MORITSUGU - Associated Press BEIJING (AP) — A large crowd of angry Chinese bank depositors faced off with police Sunday, some roughed up as they were taken away, in a case that has drawn…

Interest rates on home loans could move up soon even as banks will continue to increase deposit rates. Bankers said it is somewhat unreasonable to expect home loan rates to be at 6.4-6.5% when the benchmark yield is north of 7%. Though…