Reuters A branch of First Republic Bank is seen after Jamie Dimon's JPMorgan Chase & Co emerged as the winner of a weekend auction of the bank in San Franciso, California, US, on May 1, 2023. A study on the fragility of the US banking system found that 186 more banks are at risk of failure even if only half of their uninsured depositors decide to withdraw their funds, reported USA Today on Thursday. "With the failure of three regional banks since March, and another one teetering on the brink, will America soon see a cascade of bank failures?" asked the report.

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