The 25 biggest U.S. banks gained $120 billion in deposits in...
The 25 biggest U.S. banks gained $120 billion in deposits in the days after
$SVB Financial (SIVBQ.US)$ collapsed, according to Federal Reserve data.
All the U.S. banks below that level lost $108 billion over the same period.
It was the largest weekly decline in smaller banks’ deposits in dollar terms on record.
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razo2 : more fun fact the 130 billion actually belongs to only 10 depositors. none which were the technology companies. all technology companies deposits don't even make up one deposit of 13 billion. makes you wonder who are those 10 depositors