What does SVB’s collapse mean for other banks? Here’s what else might go wrong — and what to expect next.
[ad_1] Is it necessary that regional banks continue to exist? Why or why not? This is a fantastic question. The U.S. has nearly 5,000 banks (and another 5,000 or so credit unions). That’s a lot of competition. Part of what’s strange though is a lot of that is a vestige of when we used to…