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US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged

US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged



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/

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