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Archive Home > 2011 > February > 08 > Big banks to pay more for insurance

Big banks to pay more for insurance

By Eric Dash / The Bulletin
February 8, 2011

Big financial institutions will pick up a greater portion of the cost to protect deposits when banks fail, under a plan adopted Monday by regulators.

The new fee structure, which takes effect in April, will result in about 110 large banks covering about 80 percent of the premiums paid into the....

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