Current：Home > StocksDoes the U.S. have too many banks? -AssetPath
Does the U.S. have too many banks?
View
Date：2025-04-25 10:05:10
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！ (2)
Related
- A White House order claims to end 'censorship.' What does that mean?
- Brody Jenner's Mom Reacts to His Ex Kaitlynn Carter's Engagement
- After McDonald's Grimace success, are new restaurants next? What we know about 'CosMc'
- Elon Musk may need surgery before proposed ‘cage match’ with Mark Zuckerberg, the X owner shared
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Ring by ring, majestic banyan tree in heart of fire-scorched Lahaina chronicles 150 years of history
- Northwestern football coaches wear 'Cats Against The World' T-shirts amid hazing scandal
- Weird Barbie makes Mattel debut as doll that's been played with just a little too much
- Trump issues order to ban transgender troops from serving openly in the military
- Coach parent Tapestry buying Capri, owner of Michael Kors and Versace, in $8.5 billion deal
Ranking
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- An illicit, Chinese-owned lab fueled conspiracy theories. But officials say it posed no danger
- NFL preseason games Thursday: Times, TV, live stream, matchup analysis
- Will AI deepen distrust in news? Gannett, other media organizations want more regulations.
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Bollinger Shipyard plans to close its operations in New Orleans after 3 decades
- Travis Scott to perform in Houston for first time since Astroworld tragedy, mayor's office announces
- Verizon wireless phone plans are going up. Here's who will be affected by the price hike
Recommendation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
New car prices are cooling, but experts say you still might want to wait to buy
'The Damar Effect': Demand for AEDs surges, leaving those in need waiting
Robert De Niro's Daughter Drena Slams Vicious, Inaccurate Reports About Son Leandro's Death
Retirement planning: 3 crucial moves everyone should make before 2025
Contentious Mississippi GOP primary race for lieutenant governor exposes rift among conservatives
Massachusetts joins a small but growing number of states adopting universal free school meals
Connecticut police officer shoots and kills a suspect while trapped inside a moving stolen vehicle