Rough time to be a regional bank, amirite?

Marketplace

English - May 04, 2023 22:42 - 26 minutes - 11.8 MB - ★★★★★ - 7.7K ratings
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Previous Episode: Why 2008 financial crisis rules didn’t stop recent bank failures

Next Episode: Meet the folks prepping for an AI economic revolution

The shares of multiple regional banks slid today amid new tremors in the industry following the collapse of First Republic. But bank failures and consolidation are actually somewhat normal. So what’s a regional bank to do? And what are investors and depositors to make of all this? Then, how JPMorgan CEO Jamie Dimon became a banking industry heavyweight and why a bump in Federal Deposit Insurance Corp. coverage seems unlikely right now.