Re:Not just SVB. There have been 562 bank failures since 2000
by xeeeeeeeeeeenu on Saturday March 11, 2023 @02:59PM
(#35112040)
All the numbers in the chart have a decimal point in the wrong place. Washington Mutual had $307bn in assets[1] (not $30.7bn), SVB had $209bn[2] (not $20.9bn), etc.
[1] - https://www.fdic.gov/resources/resolutions/bank-failures/fai...
[2] - https://www.fdic.gov/news/press-releases/2023/pr23016.html