U.S. banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in the first quarter of 2024, according to the latest U.S. Federal Deposit Insurance Corporation (FDIC) data. The FDIC report highlights $517 billion in unrealized losses and identifies 63 banks as vulnerable, marking a concerning uptick […]
Source: https://news.bitcoin.com/us-banking-sector-teeters-517b-unrealized-losses-63-troubled-institutions-flagged/
US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged
