Banking crises rooted in a system that rewards excessive risk-taking – as First Republic’s precarious situation shows

Banking crises rooted in a system that rewards excessive risk-taking – as First Republic’s precarious situation shows Another bank on the brink. AP Photo/Jeff Chiu   By Alexandra Digby, University of Rochester; Dollie Davis, Minerva Schools at KGI, and Robson Hiroshi Hatsukami Morgan, Minerva Schools at KGI First Republic Bank is on the brink of collapse, […] Source