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That's according to new research by Stanford GSB finance professor, Amit Seru.
Seru and his colleagues looked at nearly 5,000 banks to see if they were exposed to the risks that caused Silicon Valley Bank to fail.
They found that due to rising interest rates, the average bank has seen the market value of its assets drop about 9% in one year.
Listen to native speakers pronounce “seru” in real conversational contexts with synchronized timestamps and subtitles.