More turbulence likely ahead after bank collapses, but it doesn't have to be.

Two regional US banks, California-based Silicon Valley Bank (SVB) and New York’s Signature Bank, have collapsed under the weight of heavy losses on their bond portfolios and a massive run on deposits. They are the largest banks to fail in the US since Washington Mutual in 2008 (Washington Mutual had about US$309bn in assets at the time of its collapse, compared with SVB’s US$209bn). But it doesn't have to be because there are alternatives like the example in North Dakota.
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