Nathan on Nostr: If a branch went down then the whole thing would be going down. Depositors are ...
If a branch went down then the whole thing would be going down.
Depositors are creditors to the bank so when the bank finally gets liquidated they get first claim and the courts would decide the structure. In no situation are customers made 100% whole however. It’s pennies on the dollar.
Published at
2023-03-11 12:11:42Event JSON
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