CNBC (April 3, 2023) – The collapse of Silicon Valley Bank, Signature Bank and Credit Suisse were a harsh reminder of how quickly a trusted institution could fail, putting billions of dollars at risk.
Over 550 banks have collapsed since 2001, according to the FDIC. So what exactly causes a bank to fail? And what implications does it have on the U.S. economy?
Chapters: 00:00 — Introduction 01:41 — Chapter 1 05:28 — Chapter 2 08:55 — Chapter 3