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5min chapter
A Third Bank Implodes. Now What?
The Daily
The Importance of Regulation in Banking Crisis
Gina: Silicon Valley Bank's failure was the result of concentrated risk. She says banks should have had a more balanced group of clients, like big banks do. Gina: We might be moving into the chronic phase of this banking crisis. The Fed is set to meet on Wednesday and it's expected to raise interest rates again.
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