Three Bank Failures 2024. On january 3, 2024 aba banking journal, compliance and risk. The collapse of silicon valley bank and others — and the government’s rescue over the weekend — left many of us again rushing to understand the arcane.
These people know of what they speak — former fdic chief sheila bair on bank. The first three banks to fail in 2023 were all large financial institutions, meaning they held over $100 billion in assets.