Kavan’s Blog
Kavan shares his insights and perspectives on key issues facing the global economy, financial markets and more in his blog.
Three Out of the Four Largest Bank Failures in U.S. History Happened This Year: Have the Banking Sector Risks Passed?
By Kavan Choksi
Sometimes business decisions lead to success, and a bank’s profit grows. Other times, business decisions, coupled with bleak economic conditions, result in losses. In banking, such losses can lead to a sudden drop in confidence among the bank’s customers, the depositors demand their money, and the run on the bank causes a quick collapse.