how do banks collapse?

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How does a modern bank collapse? And is it sudden or is there warning? Seems sudden in the news, but I struggle to understand how a bank can lose billions of dollars suddenly, where does it go?

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Anonymous 0 Comments

Liquidity can sometims be a factor, as we saw earlier this week.

A suddenly surge in withdrawal requests can exhaust what a bank has laying around in cash and cash equivalents.

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