“The distress rate on commercial real-estate collateralized loan obligations, or CRE CLOs, has soared.” August 9, 2024 10:00 am
FDIC observed some institutions incorrectly reduced the amount reported to the extent the uninsured deposits are collateralized by pledged assets; this is incorrect as the existence of collateral has no bearing on the portion of a deposit that is covered by federal deposit insurance! July 24, 2023 10:06 am