Sergio Correia discusses his research on the causes of bank failures and his use of a novel set of historical data to evaluate two different but intertwined potential causes — insolvency of the bank and a run on deposits. Correia recently joined the Federal Reserve Bank of Richmond as a senior economist.

Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2025/speaking_2025_08_06_bank_failures