
Nouriel Roubini: Risk in the Age of Bank Failure
Real Vision: Finance & Investing
00:00
The Risks of a Severe Recession in the Regional Banking System
The risk of a run on uninsured deposits when you have a narrow deposit base is severe. These regional banks are at the core of financing SMEs and households. And if you were to eventually merge some of these banks with the larger money center banks, the oligopolistic aspect of the banking system will get worse.
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