Updated: Recent banking crises are rooted in a system that rewards excessive risk-taking – as First Republic’s failure shows

Recent banking crises are rooted in a system that rewards excessive risk-taking – as First Republic’s failure shows Another U.S. bank bit the dust. AaronP/Bauer-Griffin/GC Images via Getty Images   By Alexandra Digby, University of Rochester; Dollie Davis, Minerva University, and Robson Hiroshi Hatsukami Morgan, Minerva University First Republic Bank became the second-biggest bank failure in […] Source