$78,000,000,000 Exits US Banking System in One Week As JPMorgan CEO Issues Alert on Deposit Flight.
This is a significant amount.
There are better options for your cash than banks. #crypto #BTC #ETH
And JPMorgan Chase CEO Jamie Dimon just issued a warning to shareholders on the banking sector’s need to keep up with demands for higher rates and avoid further deposit flight, reports the Wall Street Journal.