US Banks Disclose Biggest Unrealized Losses on Security Investments Since Q1 2009

The FDIC just released the aggregated third-quarter performance metrics of the 5,477 banks and thrifts it insures. The amount of their combined assets ticked up to $17.7 trillion. These assets – mostly loans but also investments of all kinds – include $3.6 trillion in securities (not including the securities in their trading accounts). And banks got hit by the biggest quarterly losses on those securities since the first quarter of 2009.

 

 

 

https://wolfstreet.com/2018/12/13/us-banks-disclose-biggest-unrealized-losses-on-security-investments-since-q1-2009-fdic/

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