How The Fed Will Impact Your Deposit Beta
South State Correspondent
MAY 9, 2022
We calculate that online banks like American Express, Capital One, Marcus (Goldman Sachs), Ally Bank, and others hold a little over 9% of all domestic deposits. Therefore, we would expect industry beta to be closer to that seen in the 2004 to 2007 tightening cycle of 40% to 50%. How to Apply to Your Bank.
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