Large Banks Reduce Assets, and Private Equity's Pros and Cons
Aggregate assets for U.S. commercial banks, S&Ls, and savings banks declined 0.5% to $24.098 trillion during the fourth quarter, according to S&P Global Market Intelligence. The drop was driven predominantly by large banks. Banks' aggregate NIM increased four basis points, to 3.2%, driven by a 1.6% increase in nonbrokered deposits and a 3.6% decline in brokered deposits. Total deposits and loans grew 0.8%.
Another S&P article discusses the pros and cons of private equity for banks.
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Rob Blackwell
Chief Content Officer and Head of External Affairs
IntraFi
Arlington, VA
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