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Polymarket Wagers on Bank Failures Trigger FDIC Concerns

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Polymarket bets on the likelihood that some of the biggest names in banking, including Wells Fargo & Co., JPMorgan Chase & Co. and Bank of America Corp., will fail are drawing scrutiny from officials in Washington, according to people familiar with the matter.

Polymarket bets on the likelihood that some of the biggest names in banking, including Wells Fargo & Co., JPMorgan Chase & Co. and Bank of America Corp., will fail are drawing scrutiny from officials in Washington, according to people familiar with the matter.
Polymarket Wagers (PERSON) Wells Fargo &amp (ORG) Co. (ORG) JPMorgan Chase & (ORG) Bank of America Corp. (ORG) Washington (LOCATION)
Originally published by Bloomberg Markets Read original →