America’s Small Banks Bleed $120 Billion In Deposits
America's small banks bled deposits in the week ended March 15.
I realize that risks stating the obvious, and I also realize that because this data set (from the Fed) is published on what amounts to a two-week lag, it's "old news."
Still, I felt compelled to highlight the numbers and the associated visual because they're quite something to behold. Deposits at small banks dropped $120 billion during a fateful week for the country's small lenders, figures released late Friday showed.
That cov