Deposits grow share of US G-Sibs’ short-term funding
Unsecured funding from within the financial sector also edged higher
Too-big-to-fail US banks disclosed an increase in short-term wholesale funding (STWF) from retail and corporate deposits over the first half of the year, while cash obtained through US Treasury repo fell back.
The eight US global systemically important banks (G-Sibs) reported an aggregate $5.45 trillion of STWF as of Q2, defined as borrowings with a maturity of one year or less. This is up 3% on
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