WSJ News Exclusive | SVB Customers Who Lost Their Deposits Remain on the Hook for Loans

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WSJ News Exclusive | SVB Customers Who Lost Their Deposits Remain on the Hook for Loans
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“They’re being squeezed both ways,” former FDIC regulator Joseph Lynyak said of Silicon Valley Bank customers who have lost their deposits but still have to repay their loans

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https://www.wsj.com/articles/svb-customers-who-lost-their-deposits-remain-on-the-hook-for-loans-5df7963bThe FDIC seized the deposits of Silicon Valley Bank’s Asian customers, but their loans remain with First Citizens Bank

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