#BREAKING: 186 banks have similar risks as Silicon Valley Bank
Economists assessed asset books and market value losses of US banks, as well as banks’ funding percentages.
According to the new study, if half of these uninsured depositors were to withdraw funds rapidly from any of these 186 U.S. banks, even insured depositors might face impairments. This is due to insufficient assets available for all depositors. In such cases, intervention from the FDIC could become necessary.
“Our calculations suggest these banks are certainly at a potential risk of a run, absent other government intervention or recapitalization.”
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