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FDIC releases 2023 risk review, ARMs becoming more popular as interest rates rise
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Banking
Tuesday, August 15, 2023
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Each year, the Federal Deposit Insurance Corp. (FDIC) releases its risk review, an assessment of risks related to the U.S. economy, financial markets, and the banking industry, with a particular focus on community banks because of the FDIC’s status as the primary regulator for those entities.
This year’s review provided an overview of the banking conditions for 2022 through early 2023, noting the risks highlighted by the failure of three large banking institutions in the spring.
Read on for more details.
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