Will a US top 20 bank fail before the end of 2023?
17
resolved May 1
Resolved
YES

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NickAllen avatar
Nick Allenpredicted YES at 98%

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NickAllen avatar
Nick Allenbought Ṁ500 of YES

Resolves yes. First Republic which failed and was seized and sold to JP Morgan, was the 12th biggest in the US.

https://www.zerohedge.com/markets/second-largest-us-bank-failure-history-first-republic-bank-seized-fdic-sold-jpmorgan

KevinBurke avatar
Kevin Burke

That link contains a list of the largest banks that offer personal accounts. SVB is 16th-18th on the list of largest banks by assets, and has already failed. https://en.m.wikipedia.org/wiki/List_of_largest_banks_in_the_United_States

By the wording of the question this needs to resolve to YES.

MatthewSlotkin avatar
Matthew Slotkin

@KevinBurke the link provided in the context provides a clear list of banks that will be considered.

KevinBurke avatar
Kevin Burkepredicted YES at 29%

@MatthewSlotkin Then you should edit the question to say “top 20 banks that accept consumer deposits.” Silicon Valley Bank is a top 20 bank.

samb avatar
sambought Ṁ50 of YES

@MatthewSlotkin I think this can be resolved to yes now that First Republic appears on the FDIC failed bank list https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/

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