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Tag: FDIC

Heartland Tri-State Bank closed by U.S. regulators

wangxiao07/30/20230

NEW YORK, July 29 (Xinhua) — U.S. federal regulators closed Heartland Tri-State Bank after it failed on Friday, the fifth bank failure in the country this year.
The bank, located in Elkhart, the stat

U.S. regulators close New York\’s Signature Bank following Silicon Valley Bank collapse

wangxiao03/13/20230

NEW YORK, March 13 (Xinhua) — New York-based Signature Bank, a key lender in the crypto industry, was shut down Sunday by state regulators over a \”similar systemic risk exception,\” the U.S. Treasury

SVB collapse raises systemic "contagion" worries

wangxiao03/13/20230

SAN FRANCISCO, March 12 (Xinhua) — The U.S. government would not bail out Silicon Valley Bank (SVB), Treasury Secretary Janet Yellen said on Sunday as systemic \”contagion\” worries spread across the v

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