Tag

Borrowings

All articles tagged with #borrowings

finance2 years ago•7 min saved

The Impact of Tightening Monetary Policy on Bank Funding and Lending.

The decline in deposit funding in the US banking system has been offset by an increase in other forms of borrowing since the start of monetary policy tightening in March 2022. The most acute outflows were concentrated in super-regional banks following the run on Silicon Valley Bank in March 2023, with deposit funding amongst community and smaller regional banks remaining relatively stable. Banks were able to replace deposit outflows by making use of alternative funding sources, including the Federal Home Loan Banks and credit extended by the Federal Reserve.

via Liberty Street Economics -|

#bank-funding #borrowings #deposit-funding

finance2 years ago•2 min saved

US Banks Experience Mixed Results Amid Deposit Outflows and Interest Rate Risk.

Deposit outflows from smaller regional banks were not as bad as feared, with the biggest US banks seeing deposits rise, according to bank deposit data. The top 25 domestically chartered banks' deposit market share increased to 66.4% as of March 15 from 65.7% in the previous week. Bank shares rose in premarket trading, with the SPDR S&P Bank ETF climbing 3.0% and the SPDR S&P Regional Banking ETF gaining 3.2%. The FDIC also announced that First Citizens agreed to acquire Silicon Valley Bank's deposits and loans.

via Seeking Alpha|

#bank-stocks #borrowings #deposit-outflows

finance2 years ago•1 min saved

US Banks Experience Record Deposit Drop Following SVB Collapse

Deposits at small US banks dropped by a record $119 billion to $5.46 trillion in the week ended March 15, following the collapse of Silicon Valley Bank (SVB) on March 10, according to data released by the Federal Reserve. Borrowings at small banks increased by $253 billion to a record $669.6 billion, while deposits at large US banks rose $67 billion to $10.74 trillion. Overall US bank deposits have been in decline after sharply rising in the wake of pandemic aid in 2020 and early 2021.

via CNN|

#borrowings #deposits #federal-reserve

finance2 years ago•1 min saved

Deposits Plummet at Small U.S. Banks After SVB Collapse.

Deposits at small US banks dropped by a record $119 billion to $5.46 trillion in the week ended March 15, following the collapse of Silicon Valley Bank on March 10. Borrowings at small banks increased by $253 billion to a record $669.6 billion, while deposits at large US banks rose $67 billion to $10.74 trillion. The rise in deposits at large banks equates to about half as much as the deposit decline at small banks, suggesting that some of the cash may have gone into money market funds or other instruments.

via Reuters|

#borrowings #deposits #federal-reserve

finance2 years ago•3 min saved

Fed Emergency Lending to Banks Continues Amid Concerns for Credit Unions and Community Banks.

US banks continue to draw on the Federal Reserve's backstop facilities, with outstanding borrowings totaling $163.9 billion in the week through March 22. The Fed's traditional backstop lending program, known as the discount window, saw $110.2 billion in borrowing, while the Bank Term Funding Program had $53.7 billion in outstanding borrowings. The Fed loans to bridge banks established by the Federal Deposit Insurance Corp. to resolve SVB and Signature Bank rose to $179.8 billion from $142.8 billion the previous week. Funding markets had been showing signs of stress, though pressures have subsided with the take-up of emergency measures.

via Yahoo Finance|

#banks #borrowings #federal-reserve