YOUR BUSINESS AUTHORITY
Springfield, MO
The Federal Deposit Insurance Corp. Board of Directors approved a proposal to raise fees for big banks.
The rule applies to banks that have more than $5 billion in uninsured deposits.
The FDIC is seeking to refill some $15.8 billion that was depleted from its Depositor Insurance Fund after the failures of Silicon Valley Bank and Signature Bank.
Read more from CNN Business.
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