The results made an anxious start to a week when investors are expecting to hear from dozens of regional and mid-sized banks. They are expected to lay out the damage wrought by last month’s failures of Silicon Valley Bank and two other lenders on the broader financial system.
Analysts will be looking to see where that influx into big banks came from, and whether the outflows have stabilised. There are also concerns about the impact of much higher interest rates on banks’ loan books and securities holdings.
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