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You 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
by charrondev 4y ago
You 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.