Tag: US Federal Deposit Insurance Corp
Minister meets with SVB clients in Hong Kong
(CNS): The Cayman Islands Monetary Authority (CIMA) is exploring legal options after the US Federal Deposit Insurance Corp (FDIC) seized deposits held at the Cayman branch of Silicon Valley Bank, The Wall Street Journal has reported. Financial Services Minister AndrĂ© Ebanks met with some of SVB’s depositors in Hong Kong recently and told them that […]