In light of the events in the banking market over the last few years, there have been calls from some quarters for investors to move their money from the larger banks, so they are no longer "too big to fail".
If you withdraw your money from one of the giant banks and move it to a smaller, local bank. Are you at any more risk
investing putting your money in the smaller bank, or does the same level of insurance apply? How do you know you are covered?
I'm in the UK, but the same question applies for other countries too.