Banks Make Social Media Gameplans
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Looks like America's banks have finally figured out that social media's network effect applies to bank runs, too.
Reuters reported that US banks, shooketh by the fate that befell Silicon Valley Bank, are getting serious about social media strategy. The SVB saga showed how social media can turbo-charge a bank run, so now big banks are planning how they can stop grumpy complaints on Twitter from cascading into something more sinister.
Source Fool.com
