Fed’s Unprecedented Interest Rate Hike Means Uncertainty For US Banking Sector

A new study co-authored by Texas A&M’s Sorin Sorescu and Bank of America Eminent Scholar Mark J. Flannery reveals that Silicon Valley Bank and First Republic Bank are far from isolated cases of bank failures. Their research details more than $1 trillion in unbooked losses throughout the U.S. banking sector.

Read more about this research from Texas A&M Today.