FDIC Sues Capital One Over Deposit Dispute
Update: 2025-11-18
Description
The FDIC sues Capital One for allegedly underpaying nearly $100 million in bailout costs for Silicon Valley Bank and Signature Bank. Capital One countersues, claiming the FDIC is overcharging them by nearly $150 million due to disputed uninsured deposit reporting. The FDIC aims to recover funds from banks to replenish its deposit insurance fund after last years significant bank failures.
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