186 American banks at risk of failure similar to Silicon Valley Bank: Report

Nearly 200 American banks are facing risks similar to what led to the implosion and bankruptcy of Silicon Valley Bank (SVB), according to a paper posted this week to the Social Science Research Network, international media reported. SVB, a major US lender focused on the tech and startup sectors, was shut down by regulators last week after massive deposit outflows. In the study, four economists from prominent US universities estimated how much market value the assets held by US banks …