Re:FDIC Takes over Silicon Valley Bank
by kgwgk on Friday March 10, 2023 @01:07PM
(#35098390)
And how many banks are acquired after that happens because of how healthy their balance sheet used to look?
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Re:FDIC Takes over Silicon Valley Bank
by charrondev on Friday March 10, 2023 @01:16PM
(#35098541)
You can see a list of failed banks and who acquired them here. https://www.fdic.gov/bank/historical/bank/
Every one in the past few years looks like it was acquired.
Re:FDIC Takes over Silicon Valley Bank
by nostrebored on Friday March 10, 2023 @01:58PM
(#35099217)
The cost of money is very different now though.
This one is largest than the 100 previous ones combined.
And the point is that there may be many reasons why a bank may want to acquire a smaller failed one to integrate it in its operations but "the previous owners used to have a well-capitalized until they somehow lost it all" is not a strong reason on its own.