Growing size of U.S. banks sparks concerns

Global Business

Growing size of U.S. banks sparks concerns

It’s been three months since U.S. regulators seized Silicon Valley Bank to stem one of the biggest runs on deposits in history.

SVB was one of four regional lenders that collapsed and triggered fears of wider contagion, though regulators managed to stem this.

One of those lenders was snapped up by America’s biggest bank, and that’s raised questions about the stability of the financial system.

Owen Fairclough reports.