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
Produced by: Juhohn Lee
Edited by: Nora Rappaport
Animation: Jason Reginato
Supervising Producer: Lindsey Jacobson
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Why Do U.S. Banks Keep Failing?
