It’s pretty astonishing reading the comments in this thread just how many people have not read this press release. It’s not even a complicated message!
i thought it was an unnecessarily ambiguous way to phrase it; 'fully protects all depositors' and 'will have access to all of their money' doesn't explicitly say that they won't take a haircut; after all, after a haircut, you still have access to all of your money, it's just that 'all of your money' is less than it was before
it relies on the following paragraph to be explicit that all depositors will be made whole and will not lose any money
it relies on the following paragraph to be explicit that all depositors will be made whole and will not lose any money