The Hill 12/Apr/2023 Billionaire investor Warren Buffett said in an interview that there is a possibility of more bank failures in the future amid the collapse of two U.S. banks last month.
“Nobody is going to lose money on a deposit in a U.S. bank. It’s not going to happen… you don’t need to turn a dumb decision by managers into a panicking the whole citizenry of the United States about something they don’t need to be panicked about.”