The recent deposit crisis has set up a tough first quarter for all but the biggest banks. Alternative lending is stepping in to fill the void left by traditional banks. The deposit crisis was caused by a number of factors, including rising interest rates, inflation, and the war in Ukraine. These factors have led to […]
Yes, small banks are losing to big banks. In the past decade, the number of small banks has declined by more than 9,000, mainly through mergers. This is due to a number of factors, including the rise of online banking, which has made it easier for customers to do business with large banks, and the […]