A research study published by the NBER says its large proportion of uninsured deposits led to the run on Silicon Valley Bank. It estimates that if even 10 percent of uninsured depositors decide to withdraw their money, 66 banks would fail in the US, with about $210 billion of assetsÂ
A research study published by the NBER says its large proportion of uninsured deposits led to the run on Silicon Valley Bank. It estimates that if even 10 percent of uninsured depositors decide to withdraw their money, 66 banks would fail in the US, with about $210 billion of assets A research study published by the NBER says its large proportion of uninsured deposits led to the run on Silicon Valley Bank. It estimates that if even 10 percent of uninsured depositors decide to withdraw their money, 66 banks would fail in the US, with about $210 billion of assets Moneycontrol Latest News Read More
