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Regional banks are seeing flight of deposits to too-big-to-fail megabanks

By: MarketWatch

March 13, 2023 at 11:04 AM EDT

The unexpected closure of Signature Bank over the weekend sparked a shoot-first-ask-questions-later mentality by investors as deposits flowed to biggest banks.

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Regional banks are seeing flight of deposits to too-big-to-fail megabanks

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