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And how many banks are acquired after that happens because of how healthy their balance sheet used to look?
by kgwgk 4y ago
And how many banks are acquired after that happens because of how healthy their balance sheet used to look?
- charrondev 4y agoYou can see a list of failed banks and who acquired them here. https://www.fdic.gov/bank/historical/bank/ https://www.fdic.gov/bank/historical/bank/ Every one in the past few years looks like it was acquired.
- nostrebored 4y agoThe cost of money is very different now though.
- kgwgk 4y agoThis one is largest than the 100 previous ones combined. And the point is that there may be many reasons why a bank may want to acquire a smaller failed one to integrate it in its operations but "the previous owners used to have a well-capitalized business until they somehow lost it all" is not a strong reason on its own.