Banking crisis caused US bank deposits to fall even as insured deposits rose: FDIC
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The crisis that roiled the earlier this year after the failures of three relatively large regional banks saw total deposits fall even as insured deposits rose amid the turmoil.
The released its quarterly profile of the U.S. banking system for the first quarter of 2023 on Wednesday, which revealed deposit activity as the banking crisis began with the failures of Silicon Valley…
This story from foxbusiness.com was posted on 2023-06-01 by @volcano.