Perhaps this is an overreaction to the very special case of SVB. It is a careful balancing act. Other jurisdictions are also pondering whether to increase the amount of deposits covered under protection schemes. It is a fair criticism, however, that it is unrealistic to imagine businesses can bank, and run payrolls, from dozens of bank accounts, designed to protect all their deposit balances.
https://www.bbc.co.uk/news/business-65107122?at_medium=RSS&at_campaign=KARANGA,
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