Tuesday, May 9, 2017

JPMorgan Tells Banks to Partner Up as U.S. Deposit Drain Looms

https://www.bloomberg.com/news/articles/2017-05-08/jpmorgan-tells-banks-to-partner-up-as-u-s-deposit-drain-looms



noting that a handful of bank mergers have involved targets with heavy concentrations of deposits purchased from brokers or acquired through listing services such as QwickRate

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