Time deposits climb higher at US regional banks

- By Joshua Walker
- 02 Aug 2023

Time deposits at nine US regional banks analysed by Risk Quantum surged by nearly a third in the second quarter, driving a sluggish recovery in total deposits following March’s banking crisis.

Deposits held for a fixed period rose by $27.8 billion, or 32.4%, on aggregate across the sample. The rise contributed to an overall increase in deposits, which were up by $20.7 billion, or 2.3%. The

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