🧵 1/ One year after SVB's collapse, the banking sector remains resilient. Major U.S. financial institutions weathered stock volatility, with big banks like Wells Fargo bouncing back. #finance
🧵 1/ One year after SVB's collapse, the banking sector remains resilient. Major U.S. financial institutions weathered stock volatility, with big banks like Wells Fargo bouncing back. #finance
🧵 2/ The crisis hit regional banks hardest, while smaller lenders still face uncertainty. SVB's collapse sent shockwaves through the industry, influencing financial names.
🧵 3/ Despite challenges, big players like Club stayed strong. SVB's downfall prompted a ripple effect, impacting various segments within the banking sector.
🧵 4/ As the industry reflects on the past year, the resilience of major U.S. financial institutions shines through, but questions linger over the fate of smaller lenders.
🧵 Read more at: https://www.cnbc.com/2024/03/12/its-been-a-year-since-svbs-failure-where-our-bank-stocks-stands-now.html