US banks unrealized losses hit $512.9 billion in Q2 2024
- Author - Apple Tree CP
- Sep 17, 2024
- 1 min read
Q2 marks the 11th straight quarter of unrealized losses on investment securities for banks, a streak never seen before. The number of banks on the FDIC Problem Bank List increased to 66 and represents 1.5% of total.
Is this worrying? It could escalate quickly, as we have seen before.
Source: FDIC
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