There was a balance sheet crisis at the bank. It's pretty easy to see how that could quickly develop into a situation where withdrawls were limited. > The best

There was a balance sheet crisis at the bank. It's pretty easy to see how that could quickly develop into a situation where withdrawls were limited. > The best way to prevent a bank run is not to run. That is irrational for every individual actor. There is very little downside in withdrawing the money and huge downside in not doing so. The best (and only?) way to really prevent a bank run is for an actor that everyone trusts to aggressively step in and provide guarantees. See for example the situation at Credit Swisse where the Swiss National Bank had to step in on March 16 to provide $54B in loans: https://www.aljazeera.com/economy/2023/3/15/credit-suisse-slump-renews-fears-for-global-banking-crisis https://www.aljazeera.com/economy/2023/3/15/credit-suisse-sl...