Newly released data from the Federal Reserve shows more than 700 American banks are facing “significant safety and soundness risk” due to massive unrealized losses on their balance sheets. According to the Fed, more than 700 banks have self-reported unrealized losses that exceed 50% of their capital. The report, which was recently released on the The post More Than 700 US Banks Facing ‘Significant Safety and Soundness Risk’ Due to Massive Unrealized Losses appeared first on The Daily Hodl .
