deposits Archives - Page 2 of 2 - Citizen Watch Report

The bank run has pulled $955 billion in deposits since 4/13/22, with $487 billion in deposits pulled since 2/22/2023. Is the bank run picking back up speed again?

June 18, 2023 5:32 pmJune 17, 2023 7:53 am

by Dismal-Jellyfish https://www.federalreserve.gov/releases/h8/20230616/ https://fred.stlouisfed.org/series/DPSACBW027SBOG A tad over a year ago (4/13/2022) the high was hit at $18,158.3536 billion Date Deposits, All Commercial Banks (billions) Down from all time high (billions) 4/13/2022 $18,158 0 2/22/2023 (Run picks up speed) $17,690 -$468 billion 3/1/2023 $17,662 -$496 billion 3/8/2023 $17,599 -$559 billion 3/15/2023 $17,428 -$730 billion 3/22/2023 $17,256 …

US Banks report largest capital outflow in 40 years. NYC’s Banking Commission frozen deposits at Capitol One Bank due to insolvency fears.

June 2, 2023 7:47 pm

Us Banks Report Biggest Capital Outflow in 40 Years According to the report, US banks lost $472 billion in deposits during the January-March period, marking the fourth consecutive quarter of industry outflows. The decline was primarily from uninsured funds, the FDIC said, noting that insured deposits actually increased by $255.1 billion, or 2.5%, amid the …

Bank Run Underway? Updated commercial bank deposit data shows $54.1738 Billion in deposits removed. Last week saw it going from $17.64t to $17.61t (-$30b)–$80+ Billion removed from deposits in the last two weeks!

May 31, 2023 10:59 amMarch 18, 2023 3:06 pm

by Dismal-Jellyfish It gets even more interesting! 1 year ago: 3/16: 18,073.5395 Billion. High was hit 4/13/2022: 18,130.6814 Billion. Over half a trillion in deposits pulled in the last year! Board of Governors of the Federal Reserve System (US), Deposits, All Commercial Banks [DPSACBW027SBOG], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DPSACBW027SBOG, March …

Why printer is back on… 2023 is worse than 2008 in terms of deposits held by failed banks.

May 31, 2023 9:23 pmMarch 17, 2023 2:49 pm

Total deposits across all banks are much higher now, $17.6t now vs $6.7t in 2008. https://wolfstreet.com/2023/03/16/fed-loaned-160-billion-to-banks-and-142-billion-to-fdic-but-qt-related-roll-off-continued/ In 2008 banks had trouble because they were holding lots of mortgages and MBSs and their value went down a lot, losing them ton of money, forcing liquidation. In 2022, old TBills value went down a lot due to …

Silicon Valley Bank has failed. It’s the second largest bank failure in US history. Roughly 95% of Silicon Valley Bank’s deposits were FIDC uninsured.

May 31, 2023 10:58 amMarch 10, 2023 11:36 pm

SVB works with literally like half of all US VC-backed startups, and is similarly popular for their banking services in the UK and wider Europe. If they find they’ve lost any significant portion of their funding then we’re going to see a large wave of western start-ups wiped/ significantly hobbled by SVB collapsing. $42B WITHDRAWN …