Birdwatch Archive

Birdwatch Note

2023-05-25 21:31:11 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

NYC voted to stop doing business with Capital One and KeyBank due to their failure to submit plans. The city only stopped its own business, the banks continue to operate as normal for all other customers. Customer deposits are not frozen. https://comptroller.nyc.gov/newsroom/new-york-city-banking-commission-votes-to-freeze-nycs-deposits-at-capital-one-and-keybank/

Written by C00B4A6EDD85B299EAEDA0A10B95C7C51034941B3F5BACB7EAFF0363217DC50B
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• NYC voted to stop doing business with Capital One and KeyBank due to their failure to submit plans. The city only stopped its own business, the banks continue to operate as normal for all other customers. Customer deposits are not frozen. https://comptroller.nyc.gov/newsroom/new-york-city-banking-commission-votes-to-freeze-nycs-deposits-at-capital-one-and-keybank/