4 ms·
Whilst banks may have lots of regulations (depending on their country of operation), banks do fail reasonably regularly. For example this list of US bank failur
by raesene9 4y ago
Whilst banks may have lots of regulations (depending on their country of operation), banks do fail reasonably regularly. For example this list of US bank failures https://en.wikipedia.org/wiki/List_of_largest_U.S._bank_failures https://en.wikipedia.org/wiki/List_of_largest_U.S._bank_fail...
- mikeyouse 4y agoThis seems to reinforce the 'don't panic' aspect though -- depositors have never lost FDIC insured funds in the ~90 years it's been operating. And none of the depositors in the list of failed US banks lost a penny either.
- paulette449 4y agoAlmost all banks on that list failed during the aftermath of Black Monday (1987) or during the Great Financial Crisis (2007-2010).
- raesene9 4y agoYep banks that took on excessive risk in times of expansion.... And as SVB has failed today as has Silvergate recently, it seems we are looking at some level of issue.