Study: Brokered deposits are safe and important for banking operations

An academic study conducted for the Utah Center for Financial Services demonstrates that brokered deposits are a secure source of funding for banks. The Center engaged pre-eminent academic James Barth and his doctoral student colleague Yanfei Sun, who conducted a review of the impact and risk of relying on brokered deposits, focused on the last decade. In their study, Barth and Yanfei examined the [...]