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Data Analysis: Unbooked Losses at Banks Spike in First Quarter of Year
By Amber Bonefont |
07/03/2024
More banks reported unbooked losses over at least half of their capital equity, in response to spiking interest rates placing pressure on the financial system, according to a screener from Rebel Cole, Ph.D., Lynn Eminent Scholar Chaired Professor of Finance in the College of Business at Florida Atlantic University.