Thorsten Polleit
https://www.bloomberg.com/news/articles/2023-03-12/us-moves-to-help-depositors-offer-bank-backstop-in-wake-of-svb?srnd=premium-europe&leadSource=uverify%20wall
Bloomberg
US Backstops Bank Deposits to Avert Crisis After SVB Collapse
US authorities took extraordinary measures to shore up confidence in the financial system after the collapse of Silicon Valley Bank, introducing a new backstop for banks that Federal Reserve officials said was big enough to protect the nation’s deposits.
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