Report
Bruno Cavalier

US: the erosion of bank deposits threatens credit availability

Bank deposits usually rise at a steady pace. However, over the past year they have been on an uninterrupted decline (around -3% year-over-year). The bulk of this correction corresponds to a return to normal after two years during which deposit rose sharply due to government transfers to the private sector. In a regime of high interest rates, the banks are in competition for this traditionally affordable resource. This increases their need for financing and its cost. The issue is ...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Bruno Cavalier

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