On an SA basis, large banks saw $73.5BN of deposit outflows (the biggest since march 2023 - SVB!) and small banks $3.5BN on inflows. On an NSA basis, large banks suffered an $82BN deposits drawdown while small banks saw $4BN in inflows..
https://www.zerohedge.com/markets/mm-0
On an SA basis, large banks saw $73.5BN of deposit outflows (the biggest since march 2023 - SVB!) and small banks $3.5BN on inflows. On an NSA basis, large banks suffered an $82BN deposits drawdown while small banks saw $4BN in inflows.. https://www.zerohedge.com/markets/mm-0
WWW.ZEROHEDGE.COM
Money-Market Fund Assets Hit Record Highs, Banks See Large Deposit Outflows As Stocks Crashed
...domestic bank deposits plunged over $70BN as stocks crashed (and MM funds saw $80BN in inflows in the last two weeks)...
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