The Biggest American Bank Failures in Modern History
The largest bank failures in modern history The Silicon Valley Bank collapsed at an incredible speed, and two more institutions went bankrupt in the last week. One of them, Signature Bank, became the third-largest affected bank in US history. Other - Silvergate Capital, bank, announced the closure of operations and the return of assets to depositors. This bank has been heavily influenced by the crypto sector. While U.S. banking regulators have taken emergency action to prevent the risk of contagion, many are wondering, what might happen next. Based on Federal Deposit Insurance Corporation data (FDIC) The chart above shows more 500 bank failures with 2001 of the year.