menu search

U.S. Treasury says Silicon Valley Bank, Signature Bank ‘not being bailed out’

WASHINGTON (Reuters) – New policies adopted on Sunday by U.S. banking regulators will “wipe out” equity and bondholders in Silicon Valley Bank and Signature Bank of New York while protecting all customer deposits, a senior U.S. Treasury official said. The post U.S. Treasury says Silicon Valley Bank, Signature Bank ‘not being bailed out’ appeared first on ForexTV... Read More
Posted: Mar 13 2023, 00:21
Author Name: forextv
Views: 101986

Search within

Pages Search Results: