Large banks pay more salaries, than interest. Does it matter?
In 2022, JPMorgan Chase Bank paid $34 billion in salaries to employees vs. $16 billion in interest to depositors.
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Half of deposits controlled by 10 banks in 2022. Why it matters.
Deposit market share is a measure of the size of a bank or thrift institution relative to the total amount of deposits held by all banks and thrifts in a given market. It is calculated by dividing a bank's or thrift's total deposits by the total deposits of all banks
$33 billion in bank fees charged in 2022. What you need to know.
Hidden bank fees are a fact of life. But how much do you really know about them? In this blog post, we'll take a look at the different types of bank fees, how much they cost, and how you can avoid them.
What are bank fees?
Bank fees are charges
$620 billion in unrealized losses, reported by banks in 2022. Here is the breakdown.
Unrealized losses are losses that have not yet been realized by a bank. They can occur when the value of a bank's assets falls below their book value. This can happen due to a number of factors, such as a decline in interest rates, the collapse of a real estate
3 Banks with $258 billion failed, sparking panic. Here are the facts.
On December 31, 2022 financial institutions reported $326B in unrealized losses, as a result of the Fed raising interest rates to lower inflation.
On March 8, 2023 Silicon Valley Bank ranked #21 by total deposits in the US, announced stock offerings to cover $1.8B in losses following the sale