Reply To: Another Bank in Crisis?

October 2026 › Forums › General discussion › Another Bank in Crisis? › Reply To: Another Bank in Crisis?

#241570
Anonymous
Inactive

Bank of America is getting a rain of cash deposits because the FDIC has said that they will protect and insured all depositors, why Bank of America is not creating a rain of money ?
https://www.bostonglobe.com/2023/03/15/business/bofa-gets-more-than-15b-deposits-after-svb-failure/. Bank of America gets more than 15 billion in deposits after SVB failure