Deposit outflows after SVB collapse concentrated among 'super-regionals' - NY Fed study
Posted on AllSides May 11th, 2023
From The Center
REUTERS/Brittany Hosea-Small/
Bank deposit withdrawals following the collapse of Silicon Valley Bank were concentrated in around 30 "super-regional" institutions in the $50 billion to $250 billion range, similar to SVB, New York Fed researchers concluded in a newly released study.
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