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A study by economists found 186 US banks at risk, facing issues similar to the ones that caused the collapse of Silicon Valley Bank. Rising interest rates diminished the bank&#39;s assets, causing uninsured depositors to withdraw their funds. In such cases, intervention from the FDIC might become necessary.The study evaluated banks&#39; assets and funding percentages and found that half of uninsured depositors withdrawing funds could impair even insured depositors. Additionally, the study didn&#39;t consider hedging strategies that may safeguard banks against rising interest rates.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/12d66e8f7af446f99f6dfeed38fe4f7f.jpg" />#KOMnews #kommunitas #silliconvalley #banks #USbanks #economiycrisis #economic #cryptonews #cryptoupdate

186 Banks at Risk: Similar Issues Found as Silicon Valley Bank

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Alte articole publicate pe 20 mar. 2023

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