>>21699162 pb
>As a depositor or saver, the bail-in conditions will not be negotiated with you.
so if you read this: https://www.bis.org/speeches/sp180323.htm
>in order to preserve the principle of no-bail-out in a context in which not all banks could be subject to effective bail-in under a resolution framework, it is natural to expect that in the future a higher proportion of failing banks will be subject to insolvency procedures
It doesn't seem as bad as expose-news is saying.
2-minute read only.
Looks like FDIC is on the hook as it should be.
Hence why they have been jumping in sooner
Yes if you put your money with some little banko there is inherently a higher risk in that
Is what I read