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US Banks' Paper Losses on Some Securities Increased, FDIC Says

US Banks' Paper Losses on Some Securities Increased, FDIC Says
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US Banks' Paper Losses on Some Securities Rose, FDIC Says

(Bloomberg) US banks’ paper losses from two key types of securities they hold deepened last quarter due to further stresses in the housing market, according to the Federal Deposit Insurance Corp.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWarning Signals Are Flashing for Homeowners in Texas and FloridaWall Street Returns to T+1 Stock Trading After a CenturyNew BYD Hybrid Can Drive Non-Sto ....

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Calculated Risk: FDIC: Number of Problem Banks Increased in Q1 2024

A top ranked economics and finance blog with a focus on the housing market ....

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Banks' net income surges in Q1 despite CRE concerns

The Federal Deposit Insurance Corp.'s Quarterly Banking Profile for Q1 showed that banks' net income margins got a boost, but FDIC Chair Martin Gruenberg said concerns around inflation, interest rate volatility and geopolitical uncertainty could mean tougher quarters ahead. ....

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Calculated Risk

A top ranked economics and finance blog with a focus on the housing market ....

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