3 ms·
the US doesn't need more banks. The market is actually culling them dramatically- https://www.fdic.gov/bank/statistical/stats/2019Mar/FDIC.pdf https://www.fdic
by liveoneggs 7y ago
the US doesn't need more banks. The market is actually culling them dramatically- https://www.fdic.gov/bank/statistical/stats/2019Mar/FDIC.pdf https://www.fdic.gov/bank/statistical/stats/2019Mar/FDIC.pdf (number of banks since 1990!)
From what I can tell there are 10x (about) as many "banks" in the US.