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Bank problems?dailyhodl.com/2023/10/22/44354000000-exits-bank-of-america-morgan-stanley-and-bny-mellon-in-three-months-as-deposit-flight-refuses-to-relent/
71 sats \ 2 comments \ @BitcoinIsTheFuture 23 Oct 2023 bitcoin
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0 sats \ 0 replies \ @chaoticalHeavy 23 Oct 2023
BofA, BNY Mellon and Morgan Stanley are not the only financial giants to see huge declines in deposits. JPMorgan Chase, Wells Fargo and Citi collectively recorded $84.5 billion in deposit outflows from Q2 to Q3 of this year.
I'm doing my part, no deposits into my bank account since March.
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0 sats \ 0 replies \ @Ge 23 Oct 2023
Interesting could be due to people having to pay stuff or finding out it's cheaper to pay on cash than using visa or mastercard???
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