BREAKING: 🇺🇸 FED pumped $29 billion into the banking system yesterday, the highest ever in 5+ years.It seems like Powell's hawkish talks were just a bluff. https://t.co/6EpaoR4s1v ...

Banking Industry Trends - US banking industry is shrinking, with a significant decline in community banks from approximately 7,000 to 4,000 after the crisis [1] - The four largest US banks, JP Morgan Chase, Wells Fargo, Bank of America, and Citigroup, hold an increasingly large percentage of the banking industry's assets [2] - The US has nearly 4,500 banks, a large number compared to countries with similar economic development [2] International Comparison - Canada has a concentrated banking system with only 79 banks [3] - The Canadian banking system was named the soundest in the world by the World Economic Forum during the 2008 financial crisis [3] - A concentrated banking system like Canada's may limit competition and innovation, potentially impacting small business lending, employment, innovation, productivity, and GDP growth [4] Regulatory Environment - Regulators may be more inclined to let a small bank fail than a big one, incentivizing banks to consolidate [2] - Canada's regulatory culture is considered good, contributing to the stability of its banking system [4]

Narrow banking might split the banking system into private credit and stablecoins. (via @opinion) https://t.co/jmNFpCBn35 ...

💥BREAKING:ERIC TRUMP TOLD THE WSJ HE TURNED TO #BITCOIN AFTER SEEING HOW “WEAPONIZED” THE BANKING SYSTEM IS. https://t.co/BujSSebOes ...

India’s central bank announces plans to withdraw excess liquidity from the banking system https://t.co/43dTGFGBuV ...