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Is Your Bank Going to Fail?
The one commonality across the banks that have failed so far has been a good old fashioned bank run or deposit run. Having a good hold on how insured your bank's deposit base is as well as whether that bank has a heavy percentage being paid interest, if you're uninsured, those deposits are at risk of fleeing quite quickly. I think there's still more to come in terms of the rolling fears, the rolling share price declines. We've seen a ton of volatility already this week in banks we're seeing today. A lot of that worry spill over to the other side of the Atlantic with the European banks,. particularly Credit Suisse, which has been a troubled bank there for several years now