$2,423,000,000,000 in Wall Street Leverage Fueled by JPMorgan Chase, Wells Fargo, Bank of America and Other Systemically Important Banks: Report
28 September 2024 - 3:54AM
The Daily Hodl
JPMorgan Chase, Wells Fargo, Bank of America and other
systemically important US banks are now financing $2.423 trillion
in leveraged bets on Wall Street, according to new numbers
self-reported by the industry. The Financial Industry Regulatory
Authority (FINRA) says the big banks’ total margin loans to hedge
funds have hit a new record high, according […]
The post
$2,423,000,000,000 in Wall Street Leverage Fueled by JPMorgan
Chase, Wells Fargo, Bank of America and Other Systemically
Important Banks: Report appeared first on The Daily Hodl.
...
Continue reading $2,423,000,000,000 in Wall Street
Leverage Fueled by JPMorgan Chase, Wells Fargo, Bank of America and
Other Systemically Important Banks: Report
The post
$2,423,000,000,000 in Wall Street Leverage Fueled by
JPMorgan Chase, Wells Fargo, Bank of America and Other Systemically
Important Banks: Report appeared first on
The Daily Hodl.
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