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  • Nearly 200 banks at risk for same fate as SVB: study

    03/18/2023 3:01:40 PM PDT · by RomanSoldier19 · 71 replies
    https://nypost.com ^ | March 18, 2023 | By Matthew Sedacca
    Nearly 200 more banks may be vulnerable to the same type of risk that took down Silicon Valley Bank: The value of the assets they hold. There are 186 banks across the country that could fail if half of their depositors quickly withdraw their funds, a new study published on the Social Science Research Network found. Even insured depositors — those with $250,000 or less in the bank — could have problems getting their cash if these institutions face the sort of run that Silicon Valley saw a week ago. The concern is that these banks hold a significant amount...