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Risks
1. Competition: SouthState Corporation operates in a highly competitive market. This could lead to reduced profits or market share, and increased costs for the company.
2. Currency Fluctuations: Due to their international operations, SouthState Corporation faces greater risk from currency exchange rate fluctuations than more domestically-focused companies. Changes in currency values could lead to large losses or gains in the value of their investments and other transactions.
3. Regulatory Compliance: SouthState Corporation is subject to complex and ever-changing regulations. They must stay up to date on the latest regulations and abide by them, or risk substantial fines and penalties from the appropriate government bodies.
4. Reputational Risk: SouthState Corporation's reputation is one of its most valuable assets. Any negative news stories or allegations about the company could lead to a decrease in public confidence and ultimately a decline in profit.