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The FDIC warned U.S. banks not to take liberties with deposit data after dozens tweaked their numbers to reduce the portions that they said were uninsured in the wake of recent bank failures. (www.wsj.com)

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The FDIC warned U.S. banks not to take liberties with deposit data after dozens tweaked their numbers to reduce the portions that they said were uninsured in the wake of recent bank failures.

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[–] Jessica 2 points 1 year ago

https://www.reuters.com/business/finance/us-fdic-calls-banks-fix-inaccurate-financial-statements-2023-07-24/

Not shitty paywall source

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