Declines in Loan Values Are Widespread Among Banks
- Date: 07-Apr-2023
- Source: The Wall Street Journal
- Sector:Financial Services
- Country:Lebanon
Declines in Loan Values Are Widespread Among Banks
By
Jonathan WeilApril 7, 2023 5:30 am ETTwo big bank runs, two different reasons.
When Silicon Valley Bank collapsed last month, the core problem was a giant hole in its bond portfolio. When depositors started fleeing First Republic Bank soon afterward, the concern mainly was about a hole in its loan book.
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