IntraFi’s business helping lenders stretch deposit insurance boomed after Silicon Valley Bank’s failure. Its network dominates among the $438 bln in accounts using such tactics. Yet competition is rising as it racks up debt. This murky corner of financial markets merits scrutiny.
NEW YORK, Jan 21 (Reuters Breakingviews) – A fix for the U.S. banking system is at risk of fraying. IntraFi, which enables lenders to offer deposit insurance far beyond the statutory $250,000 cap, enjoyed booming business after Silicon Valley Bank’s … [5228 chars]
Source: Reuters | Published: 2026-01-21T17:11:36Z
Credit: Reuters
