US bank deposit outflows decelerated in second week after SVB collapse

Written by on April 1, 2023

March 31 (Reuters) - Deposits at all U.S. commercial banks fell in the week ended March 22 to their lowest since August, but at a slower rate than the week before, and stabilized at small lenders seen as more vulnerable to outflows after the failure of Silicon Valley Bank.

Data released on Friday by the Federal Reserve showed the $125.7 . . .

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