Pls see below the complete article that @Baron1 referenced some time ago.
What's alarming ??? is the increase in the Banks that have a "camels rating" between 4 & 5. If you look at the data (ie: rose from 8 to 52) that's a increase of 550% in 3 months.
What the FDIC had to do is raise (a special assessment ie: insurance premium) on each bank & it decreased the net income by 43% from the previous qtr.
Also introduced BTFP where banks could borrow using long term paper as collateral.
(some sympathy for the banks as the 11 hikes were very unexpected & never been done before in history)
I agree if you look at the cohort of FDIC banks it is still 1.1%. Lets hope its not increasing ???
On the flip side the 4587 banks that are supervised by the FDIC have operating revenue of 1 Trillion (that the size of the gdp of Saudi Arabia).
- Forums
- ASX - By Stock
- XJO
- XJO - Bear Posts only (Factors which might cause the markets to fall)
XJO - Bear Posts only (Factors which might cause the markets to fall), page-15021
- There are more pages in this discussion • 1,072 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,724.3 |
Change
-25.400(0.33%) |
Mkt cap ! n/a |
Open | High | Low |
7,749.7 | 7,751.8 | 7,718.0 |
Featured News
XJO (ASX) Chart |