The Wall Street Journal
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How Americans Lost $603 Billion by Sticking With Big Banks

Posted

January 5, 2023

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U.S. savers have missed out on more $603 billion of free money over the past eight years by keeping their savings at big banks like Wells Fargo and Bank of America. I explain how that amount is calculated, why people aren't moving their money and why they should be.

I’m Dion Rabouin, a WSJ reporter covering markets and the economy. I’ll be diving into all things finance, from the popular and well-known — like crypto and stocks — to the complex and intricate — like leveraged loans, derivatives and private equity. Subscribe to join me as I take a deep dive into what’s making money move and why it matters.

#PersonalFinance #Investing #DionRabouin

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Wells FargoAmerica IWhy AmericansIm Dion RabouinPersonalFinance Investing DionRabouin

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How Americans Lost $603 Billion by Sticking With Big Banks · The Wall Street Journal · Sentinel