Banks are still losing deposits. Just not the banks you might expect.
The banks with sizable deposit declines in the second quarter were some of the biggest lenders in the industry.
Source: aol.com
Even Pacwest News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Even Pacwest. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Even Pacwest Today - Breaking & Trending Today
Renewed volatility in regional bank stocks puts pressure on policymakers
Industry leaders hoped that the emergency sale of First Republic Bank would quell investors' fears, but many banks saw big stock price declines on Tuesday. The instability could put pressure on lawmakers and policymakers to take more decisive action.
Source: americanbanker.com