Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow
“Rising interest rates are creating significant unrealized losses in investment securities and in some cases depressing tangible equity,” the Fed presentation states. “As interest rates increase, banks with large market value losses could experience increased financial and risk management challenges.”At third quarter end, 722 banks reported unrealized losses exceeding 50% of capital.
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