2023 Bank Failures Spur Proposed Changes by FDIC – What Risk Managers Need to Know
According to the FDIC, bank failures in 2008 and the Spring of 2023 demonstrate institutions with poor corporate governance and risk management practices face a higher risk of failure. There is a wave of panic among US banks. After years of putting short-term gains over long–term stability, US banks experienced a surge of failures in recent years, with an average of 93 failures annually between ...



