Charles Schwab owes 130% of its capital to Federal Home Loan Banks as current debt coming due

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by DesmondMilesDant

Only a few months left before this thing blows up.

 

This chart shows the total loan assets funded by FHLB at $348,731,000. This is in contrast to Schwab’s current available assets at $325,993,000.

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To put context to how critical the situation is for Schwab, the only bank overextended to this degree was Signature bank before its collapse.

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I would recommend watching this : (76) The Banking System’s Guardian Angel You’ve Never Heard Of | Federal Home Loan Banks – YouTube

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