Mystery Exodus: $114B Withdrawn From Banks in Jan.

Fed data shows post-9/11 record

By Matt Cantor,  Newser Staff

Posted Jan 24, 2013 5:03 AM CST | Updated Jan 24, 2013 7:06 AM CST

(Newser) – The country's biggest banks have seen $114 billion leave their coffers this month, with withdrawals in the first full week of the year hitting a post-9/11 record, according to Fed data. Seasonal adjustment cuts the figure to $52.8 billion, which remains the third-highest...   Read full story »


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