Biggest bank failures since 2007/2008 financial crisis:
– HBOS (UK): Sept. 17, 2008. 690 billion pounds, equivalent to $866 billion
– Washington Mutual (US): Sept. 19, 2008. $307 billion.
– First Republic Bank (US): May 1, 2023. $229 billion.
– Silicon Valley Bank (US): March 10, 2023. $189 billion.
– Signature Bank (US): March 12, 2023. $110 billion.
– Sachsen LB (Germany): Aug. 26, 2007. $67 billion euros, equivalent to $74 billion.
– Bradford & Bingley (UK): Sept. 9, 2008. 35 billion pounds, equivalent to $44 billion.
– IndyMac (US): July 11, 2008. $32 billion.
READ: https://insiderpaper.com/biggest-bank-failures-since-2007-2008-financial-crisis/
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