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BAC Almost Tipped Over? | Trading Points: Citi, Goldman, PennyMac and Mr. Cooper
- Jul 26
- 8 min read
July 28, 2025 | Premium Service | In the large bank conference at the Federal Reserve Board on July 22, there was a great deal of discussion about capital adequacy and the failure of three major banks in 2023, events of default that ultimately cost the industry a quarter’s worth of earnings. But as is often the case at government-sponsored events, the most notable part of the conference came from the audience.
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