Banks face a savings shift

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March 31, 2023

Past banking crises have also changed the way Americans save. The 1980s savings and loan crisis was sparked by aggressive interest rate hikes that led to a federal bailout for the industry and an overhaul of banking regulation. Photographer: Bettmann/Getty Images

Read the story Silicon Valley Bank's collapse turbocharged the deposit flight from banks. That's forcing a rethink about what role banks should play in the financial system and the economy – and whether there are too many of them. Read The Big Take.

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