State Street suffers largest loss from securities sale since 2010
$294 million hit drives net income down 45% to six-year low
Source: risk.net
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$294 million hit drives net income down 45% to six-year low
NPL ratio for commercial real estate up to 2.3% across trio, highest since at least 2019
Banks forecast $82 billion cumulative hike in capital requirements from Fed proposals
Only sliver of original investment to return to CET1 capital
Deductions at JP Morgan and Wells Fargo surge by more than $2 billion each