InvestorsHub Logo
Followers 27
Posts 6487
Boards Moderated 0
Alias Born 08/23/2016

Re: None

Friday, 03/10/2023 8:24:26 AM

Friday, March 10, 2023 8:24:26 AM

Post# of 141533
just think if the fed actually starts to lower it's balance sheet like they said they would. kaboom!

Federal Deposit Insurance Corporation Chair Martin Gruenberg

"The current interest rate environment has had dramatic effects on the profitability and risk profile of banks’ funding and investment strategies," he said. "First, as a result of the higher interest rates, longer term maturity assets acquired by banks when interest rates were lower are now worth less than their face values. The result is that most banks have some amount of unrealized losses on securities."

These unrealized losses, he added, "weaken a bank’s future ability to meet unexpected liquidity needs."

https://finance.yahoo.com/news/why-silicon-valley-banks-crisis-is-rattling-americas-biggest-banks-121159393.html
Bullish
Bullish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMC News