Another 50 US banks could fail – ex-Lehman banker

Mar 22nd 2023 6:22am EDT

Former Lehman Brothers executive says the Fed must cut rates and guarantee deposits held by regional lenders The banking crisis could swallow another 50 regional lenders in the US if the country’s authorities don’t take appropriate steps to resolve structural issues, former vice-president at Lehman Brothers Lawrence McDonald said in an interview with RIA Novosti. […]

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