FDIC invokes systemic risk exception for SVB and Signature depositors
The US Federal Deposit Insurance Corporation, along with other US regulators, took rapid measures to address the collapses of the Silicon Valley Bank and law firm favourite Signature Bank, with law firms including Sullivan & Cromwell, Clifford Chance, Ashurst and Slaughter and May acting for banks and regulators on both sides of the Atlantic.
To read more
Register for free access to GBRR
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the GBRR experts.