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In What Ways Is A Bank Like Any Other Business?

January 24, 2024 by Ahmed Ali

In What Ways Is A Bank Like Any Other Business? Just like any other business, the goal of a bank is to earn a profit for its owners. For most banks, the owners are their shareholders. Banks do this by charging more interest on the loans and other debt they issue to borrowers than what

Can The FDIC Fail?

January 24, 2024 by Sophia Kim

Can The FDIC Fail? Can the FDIC fail? When a member FDIC bank fails, the FDIC steps in to protect deposits. The agency first attempts to complete the acquisition of the failed bank by another financial institution. Depositors don’t lose access to their funds, and their accounts are simply moved to the acquiring bank. What