Bitcoinist
2023-03-18 12:20:16

SVB Analysis Shows More Than 186 US Banks Might Still Collapse

The banks that collapsed recently faced diverse challenges that affected their operations. For instance, Silvergate faced multiple regulatory actions due to its dealings with the bankrupt FTX exchange, its founder Sam Bankman-Fried and its sister company Alameda Research. It also cited the 2022 bearish market as part of the challenges that made it insolvent. Related

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