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Financial institution deposits stabilize, whereas lending is trending down sharply in aftermath of Silicon Valley Financial institution’s collapse

The News Trenders

8 Apr, 2023

The numbers: Deposits at U.S. banks rose barely within the final week of March, however lending to companies declined for the second week in a row.

Deposits rose at each massive and small banks, in line with knowledge launched Friday by the Federal Reserve.

The deposit figures are unadjusted.

There…

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