Check out the biggest US bank failures in modern history. The trend continues in the current year!
Below are the top three failed banks and their losses:
Washington Mutual Bank - $307.0 billion in assets.
Silicon Valley Bank - $209.0 billion in assets.
Signature Bank - $110.4 billion in assets.
The situation in 2023 resembles the 2008 financial crisis, which began with a real estate market crash and resulted in the downfall of major banks.
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