Get access to our best features
Get access to our best features
Published 1 year ago

'Most vulnerable' U.S. banks lost $1 trillion in deposits in a year -JPMorgan

Summary by Ground News
JPMorgan Chase & Co analysts estimate the "most vulnerable" US banks are likely to have lost a total of about $1 trillion in deposits since last year. Half of the outflows occurred in March following the collapse of Silicon Valley Bank. Of the $17 trillion of total US bank deposits, nearly $7 trillion are not insured by the Federal Deposit Insurance Corp.

0 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
Ground News Article Assistant
Not enough coverage to generate an Article Assistant.

Bias Distribution

  • 43% of the sources lean Right
43% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)