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The $42 Billion Question: Why Aren’t Americans Ditching Big Banks?

Big banks still pay next to nothing on savings, but their customers aren’t yet moving much money to higher-yielding alternatives.
Photographer: Devin Blaskovich
Publisher: The Wall Street Journal
Format: Digital
Date: 2022/12/08

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Americans have lost out on at least $291 billion in interest since the start of 2019 by keeping their savings in the five biggest U.S. banks. Photo illustration by Devin Blaskovich for The Wall Street Journal

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