OPINION
Published 13:52 IST, December 14th 2023
Banks’ hidden losses are surprise survivor of 2023
Banks in the US had $684 billion of unrealised losses on their securities investments at the end of September, a 22% increase on the preceding quarter.
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Most bank balance sheets consist largely of loans. | Image:
Pixabay
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13:36 IST, December 14th 2023