Why regional banks are now willing to take billions in losses
https://finance.yahoo.com/news/why-regional-banks-are-now-willing-to-take-billions-in-losses-123009272.html
by Scarlet-Ivy
Why regional banks are now willing to take billions in losses
https://finance.yahoo.com/news/why-regional-banks-are-now-willing-to-take-billions-in-losses-123009272.html
by Scarlet-Ivy
3 comments
Because taxpayer bailouts if they get it wrong, that’s why.
From the article: [R]egional banks aren’t selling lower-yielding securities to pay depositors. Instead they are preparing for interest rate cuts from the Federal Reserve.
what if the rate cuts dont come?