JUST IN: $517,000,000,000 in unrealized losses hits US Banking System as FDIC Warns 63 Lenders on Brink of Insolvency

The Federal Deposit Insurance Corporation (FDIC) has revealed a troubling trend: unrealized losses in the US banking system are climbing once again. In its latest Quarterly Banking Profile report, the FDIC notes that banks now face over half a trillion dollars in paper losses on their balance sheets, primarily due to their exposure to the… https://dcpatriot.com/2024/06/03/just-in-517000000000-in-unrealized-losses-hits-us-banking-system-as-fdic-warns-63-lenders-on-brink-of-insolvency/