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<p class="mol-para-with-font">Banks across the United States have $620 billion in “unrealized losses,” assets that have declined in value but have yet to be sold, the head of the Federal Deposit Insurance Corporation warned, four days before Silicon Valley Bank was forced to close.</p>
<p>The post <a href="https://whatsnew2day.com/americas-620-billion-time-bomb-fdic-reveals-unrealized-losses-at-us-banks/">America’s $620 Billion Time Bomb: FDIC Reveals ‘Unrealized Losses’ at US Banks</a> appeared first on <a href="https://whatsnew2day.com/">WhatsNew2Day</a>.</p>
</div><!-- /wp:html --> Banks across the United States have $620 billion in “unrealized losses,” assets that have declined in value but have yet to be sold, the head of the Federal Deposit Insurance Corporation warned, four days before Silicon Valley Bank was forced to close.
The post America’s $620 Billion Time Bomb: FDIC Reveals ‘Unrealized Losses’ at US Banks appeared first on WhatsNew2Day.