Category: American Banks

Charlie Munger Raises Concerns Over Troubled Commercial Property Loans at US Banks

Charlie Munger, the vice chairman of Berkshire Hathaway, stated in a recent interview that American banks are burdened with poor-quality commercial real estate loans. His comments arrive amid the collapse…

Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids…