The Federal Deposit Insurance Corp. sent a warning to U.S. banks on Monday not to take liberties with their deposit numbers.
Some of the biggest revisions to their uninsured-deposit numbers.
When Silicon Valley Bank ran into financial trouble, it turned out that its customers ran for the exits because most of their deposits weren’t insured.
Dozens of banks tweaked their numbers to reduce the portions of their deposits that they said were uninsured.
