3 ms·

So a .5% change in their balance sheet, why is this news? https://www.statista.com/statistics/249605/bank-of-america-total-assets-at-year-end/ https://www.stati

• mikeyouse 4y ago
  Because it highlights the flight to mega banks that people were concerned about. The dollars here represent dollars fleeing smaller banks making them more susceptible to bank runs and less likely to continue to independently exist.