Margaret E. Tahyar, Eric McLaughlin, David L. Portilla, Ledina Gocaj and Leon Jiang

Davis Polk Discusses Special FDIC Assessment to Recover SVB and Signature Bank Losses

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The FDIC’s final special assessment is largely unchanged from the proposed rule:

  • The assessment base is equal to the amount of an insured depository institution’s (IDI) uninsured deposits, as reported for the quarter ended December 31, 2022, minus up to
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