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Besides, SVB also has 89% of the 5 billion in uninsured deposits as of the end of 2022. FDIC only insures at 0,000 for each deposit at this bank. SVB's announcement of a funding agreement with a plan to issue an additional .25 billion of new shares to strengthen its balance sheet led to a subsequent downgrade by credit rating agency Moody's. bet777 casino download In addition, Canadian banks did not experience withdrawals in March, so there is no sign of a tendency to sell bonds early to have a source of money for deposit withdrawals of future customers. similar to SVB.