Banks in a Shock as Depositors Move Their Money

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INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.

Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Abha Bhattarai.

Price and Abha Bhattarai of the Washington Post discuss the shock of both banks and depositors over the recent collapse of some financial institutions. Many are moving their dollars at an unprecedented rate.
“An estimated $550 billion has moved out of smaller banks to big institutions and money market funds, JPMorgan Chase says.”

Education: Northwestern University, Medill School of JournalismAbha Bhattarai is the economics correspondent for The Washington Post. She previously covered retail for the publication, and has also written for the New York Times, Wall Street Journal, Reuters and Tampa Bay Times.Honors and Awards: Gerald Loeb Award, Beat Reporting, 2021

 

Check out more national news stories here. 

LISTEN TO THE INTERVIEW IN ITS ENTIRETY HERE:

The Price of Business is one of the longest running shows of its kind in the country and is in markets coast to coast. The Host, Kevin Price, is a multi-award winning author, broadcast journalist, and syndicated columnist. Learn more about the show and its digital partners at www.PriceofBusiness.com (scroll down to the bottom of the page).

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