Regional banks battle for deposits with tougher U.S. rules looming

By Max Reyes

The biggest U.S. banks are facing tougher competition for deposits and shelling out more to keep them. That doesn’t bode well for their smaller peers.  America’s regional lenders begin reporting second-quarter earnings this week after months of upheaval laid bare a collection of balance sheet weaknesses that took out a handful of them. Some, like […]

Source: Regional banks battle for deposits with tougher U.S. rules looming

Category: Business, Economy, Markets, Nation, Nation & World, Real Estate, World