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What does regional banking stress mean for smaller US companies?
- Financial Advice
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- 23.05.23
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The impact of recent failures in the US banking sector, and the rapid withdrawal of deposits across some regional US banks, has been profound. For smaller company investors, the stress in the US banking sector is acutely relevant given that regional banks represent a key component of the investment universe. However, few regional banks appear to be exposed to similarly severe risk, presenting opportunities, says Curt Organt, portfolio manager at T. Rowe Price.