There are a dozen bullet points in today’s Treasury Update. Here are the first 5. Month to date tax collections for the period ended June…
Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking…
Extended excerpt from the Executive Summary. The Treasury had a very light calendar and easy skating last week, but the calendar will be heavier in…
FDIC Press Release Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported an aggregate profit of $35.3 billion in the…
There’s a seminal moment in the 1987 movie “Predator” when Arnold Schwarzenegger’s character, facing a seemingly indestructible alien, finds its blood on a leaf and…
The following is the executive summary of this week’s report to subscribers.To read the reports risk free for 30 days (one time only), click here.…
There is a curious story in the Swiss press today. On the surface it appears innocuous.
Paper money has been in transition for the last ten years. Most of the big issuers of paper have updated their bills to minimize forgery. The US has spent a …
Liquidity indications were mixed last week, with the Fed still not doing much while foreign central banks were net sellers (see Treasury update). Commercial banks…
Liquidity indications were mixed this week, with the Fed still not doing much while foreign central banks were net sellers (see Treasury update). Commercial banks…
Sunday, September 18, 2011
Bank Deposits increase Sharply
by CalculatedRisk on 9/18/2011 09:19:00 AM
From Scott Reckard at the LA Times: Bank deposits soar despite rock-bottom interest rates
Americans are pumping money into bank accounts at a blist…