Over 180 US banks at risk of collapse, warns study.
TL;DR Summary
A recent study has found that nearly 190 banks are at risk of failure due to the Federal Reserve's aggressive interest rate hikes, which have eroded the value of bank assets such as government bonds and mortgage-backed securities. A run on these banks could pose potential risk to even insured depositors, as the FDIC's deposit insurance fund starts incurring losses. The recent collapse of Silicon Valley Bank, which held most of its assets in U.S. government bonds, has highlighted this risk.
- Close to 190 banks could face Silicon Valley Bank's fate, according to a new study Yahoo Finance
- Study finds 186 banks vulnerable to Silicon Valley Bank-like collapse FOX 9 Minneapolis-St. Paul
- Economists warn that nearly 200 banks are at risk of runs, failure Washington Times
- All eyes are on the other 4 200 US banks Moneyweb
- Nearly 200 US banks could collapse like Silicon Valley Bank, warns study Interesting Engineering
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