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US banks see $517 billion in unrealized losses in first quarter of 2024

CointimeCointime2024/06/05 02:34
By:Cointime

According to the latest data from the Federal Deposit Insurance Corporation (FDIC), as reported by Jinse Finance, unrealized losses of US banks increased significantly in the first quarter of 2024, and the list of institutions facing bankruptcy risks continues to grow. The FDIC report emphasized unrealized losses of $517 billion and identified 63 banks in a fragile state.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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