Current:Home > ContactDoes the U.S. have too many banks? -Edge Finance Strategies
Does the U.S. have too many banks?
View
Date:2025-04-17 01:00:09
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! (2418)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- GoDaddy Is Booting A Site That Sought Anonymous Tips About Texas Abortions
- Why Kelly Ripa Says “Nothing Will Change” After Ryan Seacrest Exits Live
- Watch Jenna Ortega and Fred Armisen Hilariously Parody The Parent Trap Remake on SNL
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Meet skimpflation: A reason inflation is worse than the government says it is
- Huge policing operation planned for coronation of King Charles
- Hunting sunken treasure from a legendary shipwreck
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Snapchat is adding a feature to help young users run for political office
Ranking
- Current, future North Carolina governor’s challenge of power
- Whistleblower tells Congress that Facebook products harm kids and democracy
- This Alaskan town is finally getting high-speed internet, thanks to the pandemic
- Everything Everywhere All at Once's Best Picture Win Celebrates Weirdness in the Oscar Universe
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Facebook Apologizes After Its AI Labels Black Men As 'Primates'
- Whistleblower tells Congress that Facebook products harm kids and democracy
- Transcript: Asa Hutchinson on Face the Nation, April 16, 2023
Recommendation
A White House order claims to end 'censorship.' What does that mean?
Gunmen kill 7 in Mexico resort, local officials say
Oscars 2023: Malala Officially Calls a Truce Between Chris Pine and Harry Styles After #Spitgate
Here are 4 key points from the Facebook whistleblower's testimony on Capitol Hill
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Most of the email in your inbox isn't useful. Instead of managing it, try ignoring it
Russia says Putin visited occupied Ukraine region as G7 condemns irresponsible nuclear rhetoric
Apple fires #AppleToo leader as part of leak probe. She says it's retaliation