EconIntel, After the failure of SVB we cautioned (original article: https://econ-intel.com/bank-failures-solved-or-just-on-hiatus/) that financial data did not support the assertion by multiple regulatory bodies that the banking system was resilient and on a solid foundation.
Since that time, First Republic Bank has also failed. This bank was even larger (by asset value) than Silicon Valley Bank.The underlying numbers have improved little.
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