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BNY Mellon and Other US Banking Giants Face High Risk from Uninsured Deposits, Report Reveals
The post BNY Mellon and Other US Banking Giants Face High Risk from Uninsured Deposits, Report Reveals appeared on BitcoinEthereumNews.com. A recent report highlights the precarious position of 94 US banks, which are at considerable risk of bank runs by uninsured depositors. The report from Florida Atlantic University reveals that several large financial institutions have a high percentage of uninsured deposits. Professor Rebel A. Cole emphasizes the susceptibility of these banks to liquidity crises due to their high exposure to uninsured deposits. This comprehensive report examines the vulnerability of major US banks to liquidity crises, shedding light on the reasons behind their precarious position and potential risks for the broader financial system. Significant Risk of Bank Runs Identified Among US Banks An in-depth analysis from Florida Atlantic University has identified 94 US banks at substantial risk of bank runs by uninsured depositors in the event they exhibit any financial instability. These institutions have reported a ratio of uninsured deposits to total deposits exceeding 50%, a threshold that signals heightened vulnerability. Among these banks are several prominent names, including BNY Mellon, State Street Bank, and Citibank, all of which are major players in the US financial system. Notable Banks and Their Exposure Levels The Liquidity Risk from Exposures to Uninsured Deposits index from Florida Atlantic University provides a clear view of the banks most at risk. BNY Mellon stands at the top with a staggering 100% ratio of uninsured deposits, followed closely by State Street Bank at 92.6%, and Northern Trust with 73.9%. Other significant names on the list include Citibank at 72.5%, HSBC Bank at 69.8%, JP Morgan Chase at 51.7%, and U.S. Bank at 50.4%. These figures underscore a critical issue within the banking sector and raise concerns about the stability and resilience of these financial institutions. Expert Insights into Potential Liquidity Crises Professor Rebel A. Cole, a finance professor at Florida Atlantic University, explains that banks with a…
The post BNY Mellon and Other US Banking Giants Face High Risk from Uninsured Deposits, Report Reveals appeared on BitcoinEthereumNews.com.
A recent report highlights the precarious position of 94 US banks, which are at considerable risk of bank runs by uninsured depositors. The report from Florida Atlantic University reveals that several large financial institutions have a high percentage of uninsured deposits. Professor Rebel A. Cole emphasizes the susceptibility of these banks to liquidity crises due to their high exposure to uninsured deposits. This comprehensive report examines the vulnerability of major US banks to liquidity crises, shedding light on the reasons behind their precarious position and potential risks for the broader financial system. Significant Risk of Bank Runs Identified Among US Banks An in-depth analysis from Florida Atlantic University has identified 94 US banks at substantial risk of bank runs by uninsured depositors in the event they exhibit any financial instability. These institutions have reported a ratio of uninsured deposits to total deposits exceeding 50%, a threshold that signals heightened vulnerability. Among these banks are several prominent names, including BNY Mellon, State Street Bank, and Citibank, all of which are major players in the US financial system. Notable Banks and Their Exposure Levels The Liquidity Risk from Exposures to Uninsured Deposits index from Florida Atlantic University provides a clear view of the banks most at risk. BNY Mellon stands at the top with a staggering 100% ratio of uninsured deposits, followed closely by State Street Bank at 92.6%, and Northern Trust with 73.9%. Other significant names on the list include Citibank at 72.5%, HSBC Bank at 69.8%, JP Morgan Chase at 51.7%, and U.S. Bank at 50.4%. These figures underscore a critical issue within the banking sector and raise concerns about the stability and resilience of these financial institutions. Expert Insights into Potential Liquidity Crises Professor Rebel A. Cole, a finance professor at Florida Atlantic University, explains that banks with a…
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