I think the Fed has been covering up the weaknesses in regional banks. After the failure of the couple of banks last spring, the government and media declared the banking system sound and little more has been said.
I look for more banks to soon fail and/or be bought up by one of the Big Four. Soon, we will have fewer banking options. Also, eventually banks will come after the credit unions making them a less viable option.
https://www.concoda.com/
Interesting analysis here
BTFP will expire 3/11/24 which some claim nationalized banks. It ends 3/12/24. What’s next?
https://www.concoda.com/p/the-feds-new-rescue-mechanism?utm_source=%2Fsearch%2FThe%2520Feds%2520new%2520rescue%2520mechanism&utm_medium=reader2
NYCB acquired the collapsed Signature Bank.
-2- the Bank Term Funding Program expires next week. The emergency loan program established for regional banks last year during the crisis.
What is next for regional banks? = Bank Crisis II .