ISTANBUL: The US Federal Reserve warned that large deposit outflows from American banks may have an effect on overall credit conditions across the nation, reported Anadolu.Three US banks -- Silicon Valley Bank (SVB), Signature Bank and First Republic Bank --- failed in the last two months due to a significant amount of deposit outflows, prompted by concerns about poor management of interest rates and liquidity risks, according to the Fed’s Financial Stability Report released late Monday.To prevent larger spillovers in the banking system, the Federal Reserve, the Federal Deposit Insurance Corporation and the Treasury Department took actions in March to protect depositors and support the conti
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