PLANS to vastly expand the Federal Deposit Insurance Corporation’s (FDIC) safety net restored investor confidence in banks such as First Republic and in the US stock market this week, but these moves could well stall or even backfire.
PLANS to vastly expand the Federal Deposit Insurance Corporation’s (FDIC) safety net restored investor confidence in banks such as First Republic and in the US stock market this week, but these moves could well stall or even backfire.