Large US banks shied away from the skittish sources of funding likely to evaporate in a crisis in 2018, liquidity coverage ratio disclosures show.
Aggregate weighted cash outflows at the eight US global systemically important banks totalled $2.71 trillion during the last quarter of 2018, a touch lower than the $2.73 trillion reported in the same quarter a year ago. The figure represents the amount of cash the LCR rule assumes will rush out the door in a 30-day period of stress.
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