Bloomberg Television
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US Backstops Bank Deposits to Avert Crisis After SVB Collapse
Posted
March 13, 2023
Views
14,847
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137
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March 13, 2023
14,847
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2:41Now PlayingUS authorities are preparing emergency measures to shore up banks and ensure they can meet potential demands by their customers to withdraw money. The Treasury Department, Federal Reserve and Federal Deposit Insurance Corp. are seeking to stave off a deeper crisis after SVB Financial Group's failure. Russell Ward reports on Bloomberg Television.
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