Twelve of Europe's biggest banks held a combined $1.43T in deposits at central banks as of September 30, up 84% since the end of 2010 but only 3% from three months earlier, the WSJ calculates. The growth reflects fears about the banks' stability and uncertainty about upcoming liquidity rules, although some did withdraw reserves in Q3, including Lloyds (LYG) and Barclays (BCS).
Twelve of Europe's biggest banks held a combined $1.43T in deposits at central banks as of...
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