Wolters Kluwer Offers Free Bank Failures Toolkit for Corporate Counsel
LawSites
MARCH 31, 2023
“In light of a recent academic study that indicated there are 186 other banks that could be at risk if uninsured deposit withdrawals cause even small bank runs, it is essential that corporate and outside legal counsel have measures in place to ensure that the transition of accounts from a failed bank to an FDIC-managed successor bank goes as smoothly (..)
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