First Citizens takeover of SVB won’t solve the bank run problem

First Citizens takeover of SVB won’t solve the bank run problem

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The Federal Reserve will continue to take interest rates higher as long as the mini-banking crisis drags on, CNBC's Jim Cramer said Monday. But if a larger bank fails, Cramer said the end to rate hikes would arrive faster, along with "a lot more pain." First Citizens Bancshares took over the…

#federalreserve #jimcramer #siliconvalleybank #firstrepublicbank #svb #firstrepublic #firstcitizens

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