73177563
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BREAKING: U.S. Banking System >>> FDIC warns that 63 Lenders are on the brink of insolvency due to banks sitting on $517 billion in unrealized losses
This is $39 billion higher than the $478 billion recorded in Q4 2023.
The surge was driven by higher residential mortgage-backed securities losses held by banks due to rising mortgage rates.
Q1 2024 also marked the 10th consecutive quarter of unrealized losses, an even longer streak than d...
This is $39 billion higher than the $478 billion recorded in Q4 2023.
The surge was driven by higher residential mortgage-backed securities losses held by banks due to rising mortgage rates.
Q1 2024 also marked the 10th consecutive quarter of unrealized losses, an even longer streak than d...
![FDIC warns that 63 Lenders are on the brink of insolvency](https://sgsnsimg.moomoo.com/sns_client_feed/102728403/20240604/cafbe724eb64678dd8fbfa29bc512a08.jpg/thumb?area=101&is_public=true)
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73177563 : Does that mean these big banks have more chances to annex these small banks