• IcyToes@sh.itjust.works
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    3 months ago

    Most of the smaller banks in the UK are gone. We don’t have a lot of “town banks”.

    The risks to the US may be very different from here. Either that or you could be guilty of catastrophising.

    • shortwavesurfer@lemmy.zip
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      3 months ago

      From what I’ve heard, we have about 4,000 banks and so most of those are going to be smaller regional banks. We only have a few big ones that take up most of the news cycle.