Thread regarding United States Layoffs layoffs

"Academic study flags 186 banks vulnerable to a run like Silicon Valley Bank"

A new academic study on 2023 bank fragility concludes that 186 U.S. banks remain vulnerable to a run on deposits that doomed Silicon Valley Bank, Signature Bank and Silvergate bank in the past week.

The paper by four professors concludes that the U.S. banking system's market value of assets is $2 trillion lower than suggested by their book value of assets accounting for loan portfolios held to maturity.

"Marked-to-market bank assets have declined by an average of 10% across all the banks, with the bottom fifth percentile experiencing a decline of 20%, according to the study, which was released Monday.

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