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re: 2024 bank failure predictions
Posted on 1/26/24 at 11:24 am to mule74
Posted on 1/26/24 at 11:24 am to mule74
The entire industry is competing for liquidity. It’s not coming from deposit growth so it has to come from somewhere. In addition to the planned insurance company sale, Truist shut down fixed income sale & trading in 2023. It was a profitable business for them so the reasons why remain unclear other than the ambiguity of “strategy review and alignment.”
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