Nearly 200 Banks at Risk of Collapse: How to Protect Your Money

Nearly 200 Banks at Risk of Collapse: How to Protect Your Money: As financial markets around the world are shaken by the Covid-19 pandemic and other systemic risks, many investors and savers are wondering if their money is safe in banks. According to a recent report by a leading global consulting firm, nearly 200 banks are at risk of collapsing, just like the now-defunct Silicon Valley Bank (SVB). In this article, we will explain what this means for you, and how you can protect your money from such risks.