Banking Industry health after Silicon Valley Bank collapse: Difference between revisions

Banking Industry health after Silicon Valley Bank collapse (view source)

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 === Uninsured deposits ===
-US banks have well over $1 trillion of uninsured deposits
+Large U.S. banks reported $7.891 trillion in estimated uninsured deposits at year-end 2022, almost a 41% increase since the end of 2019.
+However, as deposits have started to leave the banking system to seek higher rates, the proportion of uninsured deposits at large U.S. banks dropped to 47.3% of total domestic deposits from a peak of 50.5% in the fourth quarter of 2021. This is near the 45.9% ratio seen at the end of 2019.
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