In Quarter 1 of 2024, Bank of America recorded an unrealized loss of $517 billion
2024-06-05 01:31:32
According to the latest data from the Federal Deposit Insurance Corporation (FDIC), in Quarter 1 of 2024, the unrealized losses of U.S. banks grew alarmingly, and the list of institutions at risk of bankruptcy continued to grow. The FDIC report highlighted $517 billion in unrealized losses and identified 63 banks as vulnerable,
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