THE BASIS POINT

How much in deposits did 15 biggest regional banks lose from 4Q22 to 1Q23? (TABLE)

 
 

Reuters did a great post mortem on how JP Morgan won the FDIC’s bidding process to buy First Republic, linked below. The piece includes a standout graphic I’m sharing here of regional bank deposits from 4Q to 1Q.

Schwab and First Republic were by far the hardest hit.

The rest of the top 15 regional banks look reasonably stable by comparison.

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Reference:

How JPMorgan’s Dimon won the First Republic deal

 

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