Current:Home > ContactDoes the U.S. have too many banks? -ProfitSphere Academy
Does the U.S. have too many banks?
View
Date:2025-04-15 04:05:52
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! (86352)
Related
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Indigenous Climate Activists Arrested After ‘Occupying’ US Department of Interior
- Indigenous Climate Activists Arrested After ‘Occupying’ US Department of Interior
- AAA pulls back from renewing some insurance policies in Florida
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Pollution from N.C.’s Commercial Poultry Farms Disproportionately Harms Communities of Color
- Very few architects are Black. This woman is pushing to change that
- For Emmett Till’s family, national monument proclamation cements his inclusion in the American story
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- The U.K. is the latest to ban TikTok on government phones because of security concerns
Ranking
- Nevada attorney general revives 2020 fake electors case
- Rare pink dolphins spotted swimming in Louisiana
- Warming Ocean Leaves No Safe Havens for Coral Reefs
- Activists Urge the International Energy Agency to Remove Paywalls Around its Data
- Skins Game to make return to Thanksgiving week with a modern look
- Silicon Valley Bank's three fatal flaws
- Gigi Hadid arrested in Cayman Islands for possession of marijuana
- Boy, 7, killed by toddler driving golf cart in Florida, police say
Recommendation
A South Texas lawmaker’s 15
Janet Yellen says the federal government won't bail out Silicon Valley Bank
The Supreme Court’s EPA Ruling: A Loss of Authority for Federal Agencies or a Lesson for Conservatives in ‘Be Careful What You Wish For’?
Some of Asa Hutchinson's campaign events attract 6 voters. He's still optimistic about his 2024 primary prospects
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
Former Wisconsin prosecutor sentenced for secretly recording sexual encounters
The Biden administration demands that TikTok be sold, or risk a nationwide ban
SAG actors are striking but there are still projects they can work on. Here are the rules of the strike.