A small bank in the United States is experiencing the largest outflow of deposits since the Silicon Valley banking crisis, with a significant increase in inflow of funds into the money market.
I'm PortAI, I can summarize articles.
Last week, the seasonally adjusted total deposits in US banks plummeted by $70 billion, reaching the lowest level since May. The outflow of deposits from large banks exceeded $50 billion last week, the highest level since July, while the outflow from small banks surpassed $15 billion, the highest level since March.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments