The failures of Silicon Valley Bank (SVB) and Signature Bank in March 2023 were the third and fourth largest bank failures in the United States since 2001 in terms of total assets lost. The only larger bank failures were those of Washington Mutual Bank in 2008 and First Republic Bank in May 2023. The loss of assets upon the failure of Silicon Valley Bank and Signature Bank was close to the total amount of assets lost in 2008, when 25 banks collapsed.
Largest bank failures in the United States as of 2023, by total assets
(in billion U.S. dollars)
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FDIC. (November 22, 2023). Largest bank failures in the United States as of 2023, by total assets (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318567/largest-bank-failures-us-by-assets/
FDIC. "Largest bank failures in the United States as of 2023, by total assets (in billion U.S. dollars)." Chart. November 22, 2023. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318567/largest-bank-failures-us-by-assets/
FDIC. (2023). Largest bank failures in the United States as of 2023, by total assets (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318567/largest-bank-failures-us-by-assets/
FDIC. "Largest Bank Failures in The United States as of 2023, by Total Assets (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Nov 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318567/largest-bank-failures-us-by-assets/
FDIC, Largest bank failures in the United States as of 2023, by total assets (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318567/largest-bank-failures-us-by-assets/ (last visited September 20, 2024)
Largest bank failures in the United States as of 2023, by total assets (in billion U.S. dollars) [Graph], FDIC, November 22, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318567/largest-bank-failures-us-by-assets/