The crisis in the American banking system continues

According to the correspondent of Fars News Agency, citing CNBC, it was a few months ago that the American banking system suffered a crisis and several large and medium-sized banks in this country went bankrupt.
Experts say that the crisis in the banking system of this country continues and there is a long way to reach normal conditions.
Several American experts, consultants and investors have stated that the increase in interest rates in this country by the central bank, which is aimed at controlling inflation, along with the loss related to the decrease in the value of bank properties and increased inspections, will increase the pressure on local banks or It will lead to relatively large and eventually we will witness the wave of bank mergers.
Experts have warned that many of America’s 4,672 small and medium-sized banks will be forced to be acquired by big banks in the coming years under market pressure or upstream regulations.
They say that in a few years, we will probably witness the biggest transformation in the American banking system since 2008.
According to one senior official of a major American bank, who asked not to be named, it will be some time before we see many small American banks merge because they have to get bigger. We are the only country in the world that has this number of banks.
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