Bank Receivership: What You Need to Know | Foley & Lardner LLP
When Silicon Valley Bank collapsed on March 10, 2023, it was the largest bank failure since the Great Recession and the second largest in U.S. history. Foley is closely monitoring this fluid situation as the Treasury, Federal Reserve, and Federal Deposit Insurance Corporation (FDIC) continue to react to changes in the banking system, including subsequent bank failures.
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Originally published at https://www.foley.com.