U.S.: 10 Biggest Banks Could Lose $185 Billion in Deposits in the Next Year Due to Customer DefectionsNovember 21st, 2011
Out of all the big banks, Bank of America is the most vulnerable and could lose up to 10% of its customers and $42 billion in consumer deposits in the next year, the survey found. The bank’s total retail deposits stand at $407 billion (while total deposits, including corporate deposits and deposits from other financial institutions, amount to nearly $1 trillion, according to FDIC data).
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