crisebancaire

This is the first time since 1994: The American banking system has recorded a spectacular fall of 4.8% in its deposits, reaching $17.269 billion.

The earthquake in figures:
🔴 JPMorgan : -2.8%
🔴 Bank of America : -5%
😱 Charles Schwab : -31,1% 
🏦 The "Big Four" represent 30% of total losses!
HIGHLIGHT: Banks are closing en masse, dropping from 96,339 branches in 2013 to 77,796 in 2024.
⚠️ Warning point: This hemorrhage follows the bank failures of the spring (SVB, First Republic...).