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1 in 4 US Banks Face Bank Run Insolvency
A recent academic study revealed that 1 in 4 US banks, or close to 1,200, are at risk of bankruptcy due to unrealized losses on assets not marked to market. The study also highlighted the concentration of uninsured deposits within G-SIBs like JP Morgan, Bank of America, Wells Fargo, and Citibank.
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By SD Bullion
5
1515 ratings
A recent academic study revealed that 1 in 4 US banks, or close to 1,200, are at risk of bankruptcy due to unrealized losses on assets not marked to market. The study also highlighted the concentration of uninsured deposits within G-SIBs like JP Morgan, Bank of America, Wells Fargo, and Citibank.
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