A brand new educational research on 2023 financial institution fragility concludes that 186 U.S. banks stay weak to a run on deposits that doomed Silicon Valley Financial institution, Signature Financial institution and Silvergate financial institution prior to now week.
The paper by 4 professors aconcludes that the U.S. banking system’s market worth of property is $2 trillion decrease than prompt by their e book worth of property accounting for mortgage portfolios held to maturity.
“Marked-to-market…
