Singapore
32.1°C
Cloudy / 32.1°C
Mon / 29.8°C
Tue / 31.2°C
Wed / 31.5°C
pm
9:35
All the News in one place from Singapore
More than 50 news sites, more than 1000 pieces of news daily
People have moved $500 billion into money-market funds and major banks since SVB imploded. JPMorgan offers 3 reasons why the shift will continue
(March 23 01:36) Businessinsider.sg
Higher rates, quantitative tightening and $7 trillion in uninsured deposits have been pressuring vulnerable banks, JPMorgan said.
You can find the original article
here
Share People have moved $500 billion into money-market funds and major banks since SVB imploded. JPMorgan offers 3 reasons why the shift will continue on your favourite social media
Facebook
Twitter
Google +