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The acquirer will inform the FDIC “what belongings and liabilities from the failed financial institution it’s prepared to take,” the spokesperson stated, citing the company’s decision handbook. The spokesperson additionally referred CoinDesk to 2 joint statements revealed by the FDIC, Workplace of the Comptroller of the Foreign money and the Federal Reserve, one in all which states that banks are “neither prohibited nor discouraged” from offering companies to any sector.
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