![]() ![]() Bloomberg reported on Saturday that the F.D.I.C. ![]() The same is true of First Republic Bank, whose stock price dropped more than 43 percent on Friday as its fate remained uncertain. Silicon Valley Bank, which failed last month, catered to the wealthy. Because banks would pay to insure their large deposits, the program would also provide an incentive for better business models. Such restrictions would be a strong incentive for banks to participate in the F.D.I.C.+ program. This warning would appear on customer apps and statements, making it clear to customers when their money was not insured and they would not be rescued. The Consumer Financial Protection Bureau could then require banks to use the equivalent of the warning label on cigarettes to show which accounts were not insured. If they decided not to, the Federal Reserve could require them to have higher capital requirements and other restrictions to mitigate the possibility of a run. ![]() If they did, they could market and advertise that all deposits were insured. Banks could decide whether to use the insurance program. ![]()
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