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Warren Buffett says we're not through with bank failures

https://www.cnbc.com/2023/04/12/warren-b...lures.html?


Investing legend Warren Buffett believes there could be more bank failures down the road, but depositors should not ever be worried.

“We’re not over bank failures, but depositors haven’t had a crisis,” the Berkshire Hathaway chairman and CEO told CNBC’s Becky Quick on “Squawk Box” Wednesday from Tokyo. “Banks go bust. But depositors aren’t going to be hurt.”

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There were about 500 odd banks failed during the 2008 and they continue to fail for the next 4 year till 2012.    Nobody will agree that there will be no more banking failure this time.

https://www.investing.com/news/stock-mar...ry-3053567