Advance Dividend

According to reports, Watcher.guru disclosed information on social media, the Federal Deposit Insurance Corporation (FDIC) of the United States said that it would pay a certain proportion of deposit funds to uninsured depositors of Silicon Valley banks as “advance dividend”. FDIC will pay a certain proportion of funds to uninsured depositors of Silicon Valley Bank Analysis based on this information:According to a report by Watcher.guru on social media, the Federal Deposit Insurance Corporation (FDIC) of the United States has disclosed its plan to pay a certain proportion of deposit funds to uninsured depositors of Silicon Valley banks as “advance dividend”. This plan is a proactive measure taken by the FDIC to mitigate the risks associated with the financial instability of Silicon Valley banks. The FDIC is a U.S. government agency that provides insurance to deposit accounts in the United States in the event of a bank failure. It was established in 1933, during the Great Depression, to restore public confidence…