I like that saying 'waiting for the other shoe to drop'
Do we really believe that SVB is a one off? The only US bank to be run with poor governance ( I'm being kind there) ?
SVB was a commercial bank .
As of September 30, 2022, there were 4,746 commercial banks in the U.S. insured by the Federal Deposit Insurance Corporation (FDIC) with US$23.6 trillion in assets.
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