Current:Home > FinanceDoes the U.S. have too many banks? -EquityZone
Does the U.S. have too many banks?
View
Date:2025-04-17 23:54:01
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! (3158)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Michael Strahan's Daughter Isabella Strahan Details Pain of Heart “Cramping” Amid Cancer Journey
- Accused of biting police official, NYC Council member says police were the aggressors
- Olympian Aly Raisman Was Hospitalized Twice After Complete Body Paralysis
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Seattle police officer fired over ‘vile’ comments after death of Indian woman
- Lou Dobbs, conservative pundit and longtime cable TV host for Fox Business and CNN, dies at 78
- Dominican activists protest against a new criminal code that would maintain a total abortion ban
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Former Trump executive Allen Weisselberg released from jail after serving perjury sentence
Ranking
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Video tutorial: How to use ChatGPT to spice up your love life
- Shelter provider accused of pervasive sexual abuse of migrant children in U.S. custody
- Panama president says repatriation of migrants crossing the Darien Gap will be voluntary
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- This week on Sunday Morning (July 21)
- When a Retired Scientist Suggested Virginia Weaken Wetlands Protections, the State Said, No Way
- Utah State officially fires football coach Blake Anderson
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
What is swimmer’s itch? How to get rid of this common summertime rash
Bob Newhart, sitcom star and deadpan comedy legend, dies at 94
Olympian Aly Raisman Was Hospitalized Twice After Complete Body Paralysis
Senate begins final push to expand Social Security benefits for millions of people
Georgia Democrats sue to overturn law allowing unlimited campaign cash, saying GOP unfairly benefits
2024 Kennedy Center honorees include Grateful Dead and Bonnie Raitt, among others
Long Beach breaks ground on $1.5B railyard expansion at port to fortify US supply chain