Cryptocurrencies: 5,984
Markets: 542
Marketcap: $ 392.09 B
24h Vol: $ 55.19 B
BTC Dominance: 60.69%

Global market data

Cryptocurrencies: 5,984
Markets: 542
Marketcap: $ 392.09 B
24h Vol: $ 55.19 B
BTC Dominance: 60.69%

[ZEROHEDGE] Which Came First: Loans Or Deposits? An Unexpected Answer From JPMorgan’s Balance Sheet

Zero Hedge

Which Came First: Loans Or Deposits? An Unexpected Answer From JPMorgan’s Balance Sheet

Tyler Durden

Tue, 10/13/2020 – 13:10

There was a remarkable disclosure in the latest JPMorgan earnings report: the company reported that in Q3, its average deposits rose by a whopping 30% Y/Y, and up 5% from Q2, to just over $2 trillion, even as the average amount of loans issued by the bank were virtually unchanged Y/Y at $991 billion, and down 4% from Q2.

Join our Telegram channels

Join our Telegram group ➡️ t.me/Liquidary

Follow us Twitter ➡️ twitter.com/liquidary

 

Find the full article here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Liquidary.com will use the information you provide on this form to be in touch with you and to provide updates and marketing. You can unsubscribe anytime.