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Banks face increased scrutiny over the abrupt closure of customer accounts, according to recent data. Read more about it here. https://t.co/2iTJauFnhS #Bank | #Tech | #News
NatWest introduces new bank account closure rules ahead of 'debanking' changes https://t.co/Q6eZE7h84C
🚨Report: The head of the Federal Deposit Insurance Corp. says the US would be prepared to handle any collapse of a major Wall Street bank. Via: Bloomberg https://t.co/78rkN0RTA1
The Federal Deposit Insurance Company (FDIC) has indicated that the United States is ready for the potential failure of a major Wall Street bank. Thomas Hoenig, former FDIC Vice Chairman, warned about the vulnerability of the banking system, with Republic First Bank recently closed by regulators.