Investors Move $2,450,000,000,000 in Push for Easy Money As Wells Fargo, Bank of America and Citi Fight To Defend Their Deposit Base: Report
2024年7月21日 - 1:48AM
The Daily Hodl
Americans are increasingly moving their hard-earned cash into
higher-yielding financial products as US banks battle to stop
deposit flight. People have increasingly grown weary of the low
interest on deposits offered by banks and have now poured a record
$6.15 trillion into money market funds, reports the Financial
Times, citing data from the Investment Company […]
The post
Investors Move $2,450,000,000,000 in Push for Easy Money As Wells
Fargo, Bank of America and Citi Fight To Defend Their Deposit Base:
Report appeared first on The Daily Hodl.
...
Continue reading Investors Move $2,450,000,000,000
in Push for Easy Money As Wells Fargo, Bank of America and Citi
Fight To Defend Their Deposit Base: Report
The post
Investors Move $2,450,000,000,000 in Push for Easy
Money As Wells Fargo, Bank of America and Citi Fight To Defend
Their Deposit Base: Report appeared first on
The Daily Hodl.
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