Large US Banks Saw Record Deposit Outflows Last Week, Small Bank Outflows Stall

Courtesy of ZeroHedge The Fed just released its weekly commercial bank data dump showing deposit inflows/outflows. Two things to note: 1) This is for the week up to 3/24/23 (which includes the post-SVB reaction week) 2) ‘Large Banks’ includes the top 25 banks (which means SVB was among that group, hence, we get no indication […] Source