Nearly 190 banks in the U.S. at potential risk of impairment, warns recent economic study

Nearly 190 banks in the U.S. at potential risk of impairment, warns recent economic study


Cryptopolitan
2023-03-18 08:37:51

Silicon Valley Bank’s (SVB) downfall resulted from an unfortunate combination of losses, uninsured leverage, and an extensive loan portfolio. However, this has acted as a stark reminder of the fragility of the traditional financial system and highlighted the vulnerability that many US banks are now facing. According to a recent economic analysis, should even half … Nearly 190 banks in the U.S. at potential risk of impairment, warns recent economic study Read More »