Whether a regulatory target or extremely mismanaged, failed banks make one thing clear: this banking crisis isn't over, writes Jurica Dujmovic.
The world of finance is no stranger to controversy, and recent bank failures have attracted significant attention. Analysts and industry insiders are divided over the nature of the incidents — some allege a coordinated attack on the banks, while others dismiss such claims as baseless conspiracy theories.
Analysts at Weiss Ratings, along with former U.S. Rep. Barney Frank and Rep. Tom Emmer, are among those contending that these three banks, known for having business connections to the crypto market, were singled out by crypto-hating federal regulators. See: SVB’s sudden collapse wasn’t a social media triggered ‘Twitter run.’ It’s what people always do when their money is threatened.
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