Polymarket Wagers on Bank Failures Trigger FDIC Concerns

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...

By Andrew Ackerman and Katanga Johnson · Bloomberg Markets

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.