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As JPMorgan Pays Literally Nothing On Deposits, Elon Musk Rues People's Poor Money Management: 'So Bizarre'
Wednesday, April 26, 2023 - 3:14am | 324Tesla CEO Elon Musk on Tuesday chimed in on the prevailing bank rates and also offered his take on what could be the most viable option for depositors. What Happened: Conservative financial blog site Zerohedge tweeted that JPMorgan Chase & Co. (NYSE:JPM) may have had to shell out $90 billion...
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Italian, German Financials Rally on Deposits Data, Spain Mixed
Monday, January 28, 2013 - 9:56am | 476Deposits in peripheral European nations' ailing banks recovered nicely in December as lessening concerns over the health of the Eurozone increased confidence in the financial sector. Since the onset of the crisis, capital has flowed out of peripheral banks and into those of core nations, mainly...