The unraveling of Silicon Valley Bank and the looming threat to regional banks
In the recent past, the banking industry has been subjected to intense scrutiny, with regional banks bearing the brunt of the pressure. Last year, Silicon Valley Bank, a notable regional bank, encountered a significant crisis that led to its downfall. Currently, another regional bank, New York Community Bank, is teetering on the brink of a similar fate. The bank’s solvency doubts have led to a 45% plunge in its stock price within a span of two days. This situation highlights the ongoing challenges that regional banks are grappling with.
Understanding the banking system
To fully grasp the issues that
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