Four US Banking Giants Now Have $205,000,000,000 in Unrealized Losses Sitting on Balance Sheets: Report

The four largest banks in the US now have a total of $205 billion in unrealized losses on their balance sheets, according to a new report. Bank of America, Wells Fargo, JPMorgan Chase and Citigroup have compiled the losses due to bad bets in the bond market, reports the Financial Times, citing fresh data from The post Four US Banking Giants Now Have $205,000,000,000 in Unrealized Losses Sitting on Balance Sheets: Report appeared first on The Daily Hodl .