Two Blokes

U.S. Banks' Brokered Deposits Decline For 5th Consecutive Quarter In Q1

  • click to rate
    Posted by Two Blokes Jun 4 - Filed in General - #TwoBlokesTrading  - 9 views
    Brokered deposits at US banks declined for the fifth quarter in a row as many banks reduce reliance on expensive sources of funding amid the growth of low-cost deposits. Brokered deposits at banking-as-a-service (BaaS) institutions with total assets below $10 billion also dropped sequentially in the first quarter.