The banking industry in the United States is highly developed. In addition to the three major super banks (JP Morgan Chase, Bank of America, and Fulton Bank), small and medium-sized banks also play an active role in the American capital market.
Among the FDIC-backed more than 8000 banks, only about 100 large banks rank in the global banking TOP 400, and most of the remaining banks are small banks.
These small banks, with their innovative and flexible advantages, can often accurately identify their target markets and survive between the cracks of the giants.
However, small banks also have their weaknesses, the most fatal of which is the lack of capital. Hence, once any problem arises, it is easy for them to suffer a break in funds and disappear completely.
The bank that Elizabeth Bathory is acquiring this time is such a case. A major loan could not be recovered, causing a chain reaction and, ultimately, being forced to choose acquisition.
