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Many US banks face the same risks that brought down Silicon Valley Bank
- alexnewman 3y agoPeople don’t understand the real reasons why these banks failed. Yes everyone has asset liability mismatches. But most have govt support
- simfree 3y agoMost financial firms face less scrutiny from their own customers too. Flying under the radar is generally a reasonable decision. It's not good to have a double digit percentage of your client base coming from a small, insular community. They can act in quick succession if you appear to do anything untoward, and this can kill your business.