Current:Home > FinanceDoes the U.S. have too many banks?-DB Wealth Institute B2 Expert Reviews
Does the U.S. have too many banks?
View Date:2024-12-24 07:43:01
The failures of Silicon Valley Bank, Signature Bank and First Republic have put a spotlight on the surprising number of banks in the United States. To put that scale into perspective, Canada has about 80 banks compared to over 4,000 that operate in the U.S.
Today on the show, we explain why the U.S. has so many banks, and we go through the arguments for and against that proliferation.
Music by Drop Electric. Find us: Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (97357)
Related
- Vogue Model Dynus Saxon Charged With Murder After Stabbing Attack
- It's Banned Books Week: Most challenged titles and how publishers are pushing back
- Chicago’s Latino Neighborhoods Have Less Access to Parks, But Residents Are Working to Change That
- Aaron Hernandez ‘American Sports Story’ series wants to show a different view of the disgraced NFLer
- A Pipeline Runs Through It
- Democrats try to censure Rep. Clay Higgins for slandering Haitians in social media post
- Kenny G says Whitney Houston was 'amazing', recalls their shared history in memoir
- Alabama police officers on leave following the fatal shooting of a 68-year-old man
- 'America's flagship' SS United States has departure from Philadelphia to Florida delayed
- Sister Wives' Janelle Brown Details Bittersweet Memories of Late Son Garrison Brown
Ranking
- What happens to Donald Trump’s criminal conviction? Here are a few ways it could go
- A Missouri man has been executed for a 1998 murder. Was he guilty or innocent?
- Hurricanes keep pummeling one part of Florida. Residents are exhausted.
- Tarek El Moussa Shares Update on Ex Christina Hall Amid Divorce
- Louisiana mom arrested for making false kidnapping report after 'disagreement' with son
- Keith Urban and Jimmy Fallon Reveal Hilarious Prank They Played on Nicole Kidman at the Met Gala
- Crazy Town frontman Shifty Shellshock's cause of death revealed
- Wisconsin mayor carts away absentee ballot drop box, says he did nothing wrong
Recommendation
-
Old Navy's Early Black Friday Deals Start at $1.97 -- Get Holiday-Ready Sweaters, Skirts, Puffers & More
-
Alabama police officers on leave following the fatal shooting of a 68-year-old man
-
Kim Porter’s children say she didn’t write bestselling memoir about Diddy
-
Every J.Crew Outlet Order Today Includes Free Shipping, Plus an Extra 50% off Sale -- Styles Start at $9
-
How many dog breeds are there? A guide to groups recognized in the US
-
Trump says Ukraine is ‘dead’ and dismisses its defense against Russia’s invasion
-
It's Banned Books Week: Most challenged titles and how publishers are pushing back
-
Secret Service failures before Trump rally shooting were ‘preventable,’ Senate panel finds