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>Outside BofA, their balance sheets are healthy. Woah, let's not over-exaggerate in times like these. Bank of America has about $110bn of unrealized losses on
by RC_ITR 3y ago
>Outside BofA, their balance sheets are healthy.
Woah, let's not over-exaggerate in times like these. Bank of America has about $110bn of unrealized losses on HTM securities, but that is against $200bn of Tier-1 capital. Comp that to SVB who had $16bn of unrealized losses against about that much Tier-1 capital.
BoA has a worse balance sheet that peers, but not an unhealthy one.
- deleted 3y ago[deleted]
- cm2187 3y agoA bank cannot afford to loose half of its capital base without creating a panic. I'd rather not think what a market scare on BoA would look like.
- collegeburner 3y agoit would suck ass for a few weeks but would actually be pretty simple: ppl withdraw deposits 80% of them go to JPMC JPMC buys BofA