Banks Battle Each Other Over the Tab For SVB's Collapse
Also, banking groups signal they might take Quarles' advice and sue Fed over stress tests; PCAOB chief is incensed about rising audit deficiencies
Banks, of course, haven’t complained about regulators’ efforts to stem the panic in the financial system following the collapse of Silicon Valley Bank. But the industry (or at least most of it) has found a lot more to carp about when it comes to paying for the government rescue.
The FDIC’s proposal for collecting some $15.8 billion to restock its deposit…
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