US Bank Bailouts Could Reach $2 Trillion According to JPM!

As the world wakes up to the news that Credit Suisse is receiving a $50 billion bailout from the Swiss National Bank, JP Morgan today announced that the US Bank Term Funding Program (BTFP) could inject as much as $2 trillion of reserves into the US banking system. This is fine.

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#BankCollapse #CreditSuisse #FinanceNews