The collapse of a bank can have severe consequences for the economy and the public. Issues surrounding bank collapses include inadequate regulatory oversight, poor risk management practices by banks, and systemic risk. Inadequate regulatory oversight can lead to inadequate monitoring and enforcement, while poor risk management practices can result in financial instability and large losses. Systemic risk refers to the risk that the failure of one financial institution can trigger a broader financial crisis, affecting the entire financial system. Addressing these issues is crucial to mitigating the impact of bank collapses on the economy and the public.

Become a member at https://plus.acast.com/s/the-crypto-sho.