Month: March 2023

Small Banks Are Crashing

Over the weekend, when parsing through the carnage sweeping the US banking sector, we analyzed which banks are facing the highest deposit-run risk in the aftermath of the SIVB – and now SBNY – failures, and focused on a handful of names who have the bulk of their funding in the form of deposits – deposits which are now suddenly at risk amid what seems to be a major bank run.

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