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Why hundreds of U.S. banks may be at risk of failure

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Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.

"You could see some banks either fail or at least, you know, dip below their minimum capital requirements," Christopher Wolfe, managing director and head of North American banks at Fitch Ratings, told CNBC.and found 282 banks face the dual threat of commercial real estate loans and potential losses tied to higher interest rates."Most of these banks aren't insolvent or even close to insolvent.

Violent clashes break out at UCLA as police clear pro-Palestinian protesters from Columbia Universityto learn more about the risk of commercial real estate, the role of interest rates on unrealized losses and what it may take to relieve stress on banks — from regulation to mergers and acquisitions.

 

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Why hundreds of U.S. banks may be at risk of failureOf about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.
Source: CNBC - 🏆 12. / 72 Read more »