Large banks see influx of new depositors following SVB collapse / Midsize U.S. banks reportedly ask the FDIC to insure all deposits for two years

Yep, ‘they’ have to corral as many as they can into the Big 4 in order for CBDC to work. They won’t get everyone but will get most and it’s not over yet, IMO. More credit stress out the yang coming our way.
What people don’t know is the bigger banks are under just as much stress.