The Federal Deposit Insurance Corporation (FDIC) has reported that 63 American banks are on the brink of insolvency. This alarming situation is due to $517 billion in unrealized losses, primarily from residential real estate exposure. The number of problem banks has increased from 52 to 63 in the first quarter of 2024. The unrealized losses have surged by $39 billion from the previous quarter. Despite no immediate risk, the FDIC's warning highlights significant vulnerabilities in the U.S. banking system.
🚨FDIC: $517,000,000,000 Unrealized US Banking Losses “Unrealized losses on available-for-sale and held-to-maturity securities increased by $39 billion to $517 billion in the first quarter. Higher unrealized losses on residential mortgage-backed securities, resulting from… https://t.co/2BVCq8almB
US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged — #economics #finance https://t.co/BtBIVBJY3T
FDIC just reported that 63 banks are on the brink of insolvent collapse https://t.co/lF2ew4fleV
JUST IN: 🇺🇸 63 U.S. banks on brink of collapse with $517 billion losses - FDIC https://t.co/RrIy1fipm0
JUST IN: 🇺🇸 63 U.S. banks on brink of collapse with $517 billion losses. https://t.co/yAt4GlejMH
The US Economy Now Has: 1. 63 banks on the brink of default according to the FDIC 2. Over $500 BILLION of paper losses held by banks 3. Declining GDP growth with rising inflation 4. Over 50% of Americans believe we are in a recession 5. Lowest mortgage demand in over 30…
Meanwhile, in America 🇺🇸 According to new numbers from the Federal Deposit Insurance Corporation (FDIC), a whopping $517,000,000,000 ($517 billion) in unrealised losses has hit the US banking system with a warning that 63 banks are on the brink of insolvency. https://t.co/DIF5LRQeAC
Meanwhile, in America 🇺🇸 According to new numbers from the Federal Deposit Insurance Corporation (FDIC), a whopping $517,000,000,000 in unrealised losses has hit the US banking system with a warning that 63 banks are in the brink of insolvency. https://t.co/LKyLdvxIf9
📌 $517,000,000,000 in Unrealized Losses Hit US #Banking System, #FDIC Says 63 Lenders on Brink of Insolvency - The Daily Hodl Paper losses due largely to exposure to the residential real estate market https://t.co/gP6UxYeKWE
💥BREAKING💥 FDIC just reported that 63 banks are on the brink of insolvent collapse as they have $517,000,000,000 of unrealized losses in Q1 2024 QE is about to explode 🚀 https://t.co/KJ03wy34O9
$517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on Brink of Insolvency #banking #economy https://t.co/ORPsXKilPU
NEW: $517B in unrealized losses are about to hit the US banking system. FDIC says 63 lenders are on the brink of insolvency. 👀 They're about to pump our bags hard. #Bitcoin https://t.co/RQP6N90y6n
FDIC just reported that 63 banks are on the brink of insolvent collapse it's happening 👀🐸 https://t.co/SK3tDasCpq
BREAKING 🚨 FDIC warns that 63 Lenders are on the brink of insolvency, with banks sitting on $517 billion in unrealized losses https://t.co/6KlXhXEhDu
🚨 BREAKING 🚨 $517,000,000,000 IN UNREALIZED LOSSES HITS US BANKING SYSTEM AS FDIC WARNS 63 LENDERS ON BRINK OF INSOLVENCY. THIS IS FCKED UP !! PREPARE FOR MORE BANK FAILURES.
🚨Nobody is paying attention looming economic collapse. Buckle up! Gonna be brutal. FDIC warns that 63 Lenders are on the brink of insolvency due to banks sitting on $517 billion in unrealized losses.
🚨🇺🇸US BANKS FACE $517 BILLION IN UNREALIZED LOSSES US banks have $517 billion in unrealized losses, mainly from residential real estate exposure, per the FDIC. The number of problem banks rose from 52 to 63 in Q1 2024. Despite no immediate risk, inflation and market… https://t.co/Mcn1nnv4N2
63 AMERICAN BANKS ARE ON THE BRINK OF INSOLVENT COLLAPSE ACCORDING TO THE FDIC
BREAKING 🚨: U.S. Banking System FDIC warns that 63 Lenders are on the brink of insolvency due to banks sitting on $517 billion in unrealized losses https://t.co/creciUQo7k
BREAKING: 🇺🇸 63 American banks are on the brink of insolvent collapse according to the FDIC
JUST IN: US banks have unrealized losses on investment securities worth $517 billion, a $39 billion increase on the previous quarter.
FDIC REPORTS THAT 63 BANKS ARE ON THE BRINK OF "INSOLVENT COLLAPSE"
BREAKING: 63 AMERICAN BANKS ARE ON THE BRINK OF INSOLVENT COLLAPSE ACCORDING TO THE FDIC
BREAKING: FDIC just reported that 63 banks are on the brink of insolvent collapse. https://t.co/mifjpe97U5
🚨 Just in: FDIC just reported that 63 banks are on the brink of insolvent collapse https://t.co/NsOidVq3Cq
BREAKING: FDIC REPORTS 63 BANKS ON THE BRINK OF INSOLVENT COLLAPSE
JUST IN: $517,000,000,000 in unrealized losses hits US Banking System as FDIC Warns 63 Lenders on Brink of Insolvency...
In Q1 2024, commercial banks in the United States reported a cumulative unrealized loss of $517 billion on their securities holdings. Pretty wild. Remarkable you don't hear about this more in the media. @CNBC