Our warnings have helped our customers to prepare for the renewed global banking crisis since September 28 (see also this, this, this and this).
The failure of the First Republic Bank started the next round of the Global Financial Crisis 2.0. The markets are unstable, and no one knows what will happen next. Like we noted earlier, there are several “live undead” U.S. banks, that is, banks that have already failed, but who do not know/admit it yet.
To shield our customers, we decided to provide data on our bank-to-bank analysis to our clients. On 29 March, we published the first list of U.S. banks to avoid. It was based on unrealized losses. However, as shown by the failure of First Republic, bank runs are spreading to other banks with weak balance sheets, and beyond.
In this entry we provide the worst 200 banks in the U.S., based on unrealized losses and potential loan losses. We will publish a list of the 200 most safe U.S. banks in the near future.
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200 worst U.S. banks
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