5min chapter

Planet Money cover image

Your banking questions, answered

Planet Money

CHAPTER

The Importance of Personal Touch at a Bank

When there was a run on Silicon Valley Bank, a bunch of other mid-sized banks also looked pretty wobbly. First Republic stock price started to plummet. A bank can look kind of bad on paper, but still be just fine in real life. Todd Baker says that apart from those big deposits, what First Republic has a lot of is mortgages.

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