Ep 388. SVB Financial Collapse, Modern Bank Runs, and The Future of Regional Banks
Focused Compounding
00:00
What's the Difference Between Core Deposits and Retail Deposits?
A lot of banks and a lot of companies don't like the idea of reporting almost nothing in earnings. First Republic, for instance, could have just said, let's be extra careful about how we do things. Having many accounts at the same bank, I think having many services from the bank is key to keeping deposits with you. Ally Financial has 90% of deposits under $250k, but they are high costs.
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