Bank Report

Seeking cash, U.S. banks create post: deposit chief

By Clint Riley

The Wall Street Journal Europe

16 Jan 2007



The U.S.’s banks and savings institutions are facing a severe deposit crunch. Total deposits as a percentage of assets on hand at the end of September at the U.S.’s more than 8,700 insured banks and thrifts reached the lowest level since the Federal... read more...