According to the Washington Post, a new study shows that hundreds of banks in the United States would be in danger of failing if they were hit by runs similar to the one that recently brought down Silicon Valley Bank.
- How many banks were examined in the study?
- How many banks were deemed vulnerable in the study?
- Overall, what are some of the important take-aways or issues highlighted by the study?
Werner, E. (2023). Hundreds of banks would be vulnerable in SVB-style runs, researchers say. Washington Post, March 24 (Retrievable online at https://www.washingtonpost.com/us-policy/2023/03/24/svb-bank-study/)