First Republic taps Fed facilities in effort to plug funding hole
Discount window and BTFP provide temporary relief as deposits slump $72bn in Q1
Source: risk.net
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Discount window and BTFP provide temporary relief as deposits slump $72bn in Q1
Goldman, KeyCorp and Charles Schwab worst hit in Q1 as funding costs sap income growth
Partial sale of securities portfolio crystallises $200 million of paper losses
Divergence in savings mix follows March’s deposit flight
CME, Eurex and LCH report aggregate 10% rise in month marred by most severe crisis since 2008