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Deposit flight at U.S. regional banks blights interest income gains

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Deposit flight at U.S. regional banks blights interest income gains


A clutch of U.S. regional lenders saw deposits drop in the first-quarter as clients reeling from a crisis of confidence in the banking sector moved to bigger institutions and sought refuge in money market funds. The flight of deposits at Fifth Third Bancorp (FITB.O), Comerica (CMA.N), Truist…

#fifththirdbancorp #truistfinancialcorp #keycorp #usfederalreserve #huntington #bankofamerica #citigroupcn #wellsfargo #citizensfinancial #manyasaini

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