Report: Big Banks’ Deposit Surge Following SVB Collapse Has Slowed

Report: Big Banks’ Deposit Surge Following SVB Collapse Has Slowed

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A wave of deposits into big banks following the regional banking crisis has reportedly slowed. After Silicon Valley Bank (SVB) failed earlier this month, unease among customers led to a surge in outflows from other smaller lenders into banking giants like Citigroup, Bank of America and J.P. Morgan…

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