Bank Runs Hit 22 US Lenders in 2023 As Wave of Panic Sank Silicon Valley Bank: New York Federal Reserve

The collapse of Silicon Valley Bank (SVB) triggered a wave of bank runs at 22 US lenders last year, according to an under-the-radar report from the New York Federal Reserve. Depositors pulled cash from the unnamed banks en masse on March 10th and March 13th, 2023 – with some lenders losing up to 10% of […] source: https://dailyhodl.com/2024/10/18/bank-runs-hit-22-us-lenders-in-2023-as-wave-of-panic-sank-silicon-valley-bank-new-york-federal-reserve/