(Bloomberg) -- Lawmakers on a key European Parliament body approved Thursday the first step of a controversial plan to pool insurance for bank depositors. The committee on economic and monetary ...
I have been working in banking for nearly 25 years, and I have experienced the debate over European financial integration ...
Federal insurance on bank deposits can contribute to banking instability. The problems with federal deposit insurance have been known for years, even by the president who signed the bill that created ...
BRUSSELS (Reuters) - National insurance schemes for bank savers in the EU cover 1 percent of insured deposits, a European Commission document showed, with an average level above the required 0.8 ...
Singapore’s central bank is increasing its deposit insurance coverage per depositor to a maximum of S$100,000 ($73,160) from April next year. The boost by a third is from the existing level of ...
International Journal of the Commons, Vol. 16, No. 1 (2022), pp. 327-340 (14 pages) While Ostrom-inspired research has proven an important corrective to the simplistic “markets or government” ...
Recent bank failures have focused attention on deposit insurance. With the recent failures of Silicon Valley Bank and Signature Bank the FDIC ensured all depositors were quickly paid back in full.
DURING AMERICA’S “mini banking crisis” in March, when Silicon Valley Bank (SVB) and Signature Bank collapsed, the Federal Deposit Insurance Corporation (FDIC) used an emergency “systemic-risk ...
BRUSSELS (Reuters) - European Union bank deposits of up to 100,000 euros (£7,072), no matter which bank or country they are in, should be guaranteed by 2024 by a European fund, the European Commission ...