Banks Suffer $1,555,000,000,000 in Deposit Flight in One Year As JPMorgan Chase and Financial Giants Fight for Wealthy Clients: Report
September 08 2023 - 11:08PM
The Daily Hodl
New numbers on the global banking system are shedding light on
just how much money depositors have pulled out of their bank
accounts in the last year. According to the latest data from the
Federal Reserve of St Louis, US banks have faced $605 billion in
deposit flight in a year. And total deposits at […]
The post
Banks Suffer $1,555,000,000,000 in Deposit Flight in One Year As
JPMorgan Chase and Financial Giants Fight for Wealthy Clients:
Report appeared first on The Daily Hodl.
...
Continue reading Banks Suffer $1,555,000,000,000 in
Deposit Flight in One Year As JPMorgan Chase and Financial Giants
Fight for Wealthy Clients: Report
The post
Banks Suffer $1,555,000,000,000 in Deposit Flight in
One Year As JPMorgan Chase and Financial Giants Fight for Wealthy
Clients: Report appeared first on
The Daily Hodl.
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