US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report

US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report

US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report

The banking coalition reportedly argued that it would bring stability to the banking industry and reduce the chances of “more bank failures,” in a letter to federal regulators.

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