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Belize , Thursday 16 April 2026

U.S. banks are dangling promotions to lock in customer deposits, analysts say

Published on: Wednesday 05 April 2023

U.S. banks are dangling promotions to lock in customer deposits, analysts say By Nupur Anand and Koh Gui Qing NEW YORK (Reuters) - For months, consumers have clamored for banks to pay out more for deposits as the Federal Reserve raised interest rates. Now analysts say after the banking crisis shook markets last month, lenders appear to be rejigging offers in an effort to keep customers' cash parked in their accounts for longer. U.S. banks are trying to woo depositors by


News source: https://www.msn.com/en-us/money/companies/us-banks-are-dangling-promotions-to-lock-in-customer-deposits-analysts-say/ar-AA19wXsi

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