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Bank failures highlight declining deposits

Por: ABC News Business April 10, 2023

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Depositors have accelerated withdrawals amid recent bank failures and sharply rising interest rates, raising concerns about the industry's health and ability to withstand a crisis, experts says. Bank deposits fell by nearly $720 billion between the second and fourth quarters of 2022, leaving banks' cash assets at their lowest levels in more than two years earlier this month. Banks have been slow to pass along better interest rates on... + full article



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