Current:Home > reviewsDoes the U.S. have too many banks? -Elevate Profit Vision
Does the U.S. have too many banks?
View
Date:2025-04-16 20:57:40
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! (14247)
Related
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Judges maintain bans on gender-affirming care for youth in Tennessee and Kentucky
- Say goodbye to the pandas: All black-and-white bears on US soil set to return to China
- Louisiana Tech's Brevin Randle stomps on UTEP player's head/neck, somehow avoids penalty
- Why members of two of EPA's influential science advisory committees were let go
- Confirmed heat deaths in Arizona’s most populous metro keep rising even as the weather turns cooler
- Every gift Miguel Cabrera received in his 2023 farewell tour of MLB cities
- Wyoming woman who set fire to state's only full-service abortion clinic gets 5 years in prison
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- DOJ charges IRS consultant with allegedly leaking wealthy individuals' tax info
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Cyprus hails Moody’s two-notch credit rating upgrade bringing the country into investment grade
- Pope Francis creates 21 new cardinals who will help him to reform the church and cement his legacy
- Disney Plus announces crackdown on password sharing in Canada
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Kronthaler’s carnival: Westwood’s legacy finds its maverick heir in Paris
- A Baltimore man is charged in the fatal shooting of an off-duty sheriff’s deputy, police say
- Suspect arrested in connection with fatal drive-by shooting of Tupac: Official
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Backers of North Dakota congressional age limits sue over out-of-state petitioner ban
Wyoming woman who set fire to state's only full-service abortion clinic gets 5 years in prison
Cleveland Browns tight end David Njoku burned on face, arm in home accident while lighting fire pit
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Get Gorgeous, Give Gorgeous Holiday Sale: Peter Thomas Roth, Tarte & More Under $100 Deals
NYC floods: Photos show torrential rain wreaking havoc on New York City, North Jersey
Supreme Court to consider Texas and Florida laws regulating social media platforms