$38,400,000,000 in Deposit Flight Hits Wells Fargo and Citigroup in One Year As JPMorgan Chase CEO Issues Warning To Federal Reserve
20 April 2024 - 6:48PM
The Daily Hodl
New numbers show two of the largest banks in the US are
witnessing billions of dollars in deposit flight. Quarterly
earnings data shows Citigroup’s deposits dropped from $1.3305
trillion in Q1 of 2023 to $1.3072 trillion in Q1 of this year – a
reduction of $23.3 billion in a span of 12 months. Meanwhile,
deposits […]
The post
$38,400,000,000 in Deposit Flight Hits Wells Fargo and Citigroup in
One Year As JPMorgan Chase CEO Issues Warning To Federal
Reserve appeared first on The Daily Hodl.
...
Continue reading $38,400,000,000 in Deposit Flight
Hits Wells Fargo and Citigroup in One Year As JPMorgan Chase CEO
Issues Warning To Federal Reserve
The post
$38,400,000,000 in Deposit Flight Hits Wells Fargo
and Citigroup in One Year As JPMorgan Chase CEO Issues Warning To
Federal Reserve appeared first on
The Daily Hodl.
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