US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged
Submitted by Anonymous (not verified) on Tue, 06/04/2024 - 18:40
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 […]