Business

There is one hidden danger hanging over banks

By Sarah Bedford
Published March 31, 2023 9:00am ET
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There is one hidden danger hanging over banks
A customer exits Silicon Valley Bank's headquarters in Santa Clara, Calif., on Monday, March 13, 2023. The federal government intervened Sunday to secure funds for depositors to withdraw from Silicon Valley Bank after the bank's collapse. Dozens of individuals waited in line outside the bank to withdraw funds. | (Benjamin Fanjoy/AP)

A coming crunch in the commercial real estate market could have significant consequences for a banking system already reeling from recent turmoil.

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Debt Federal Reserve Finance Jerome Powell mortgage securities mortgages Real Estate Silicon Valley Bank