And here it is….
Nineteen banks, including PacWest Bancorp (PACW), East West Bancorp (EWBC) and Glacier Bancorp (GBCI), loaded up with $32.6 billion from the Federal Reserve's new Bank Term Funding Program (BTFP) that offers liquidity, says a report by S&P Global Market Intelligence.
Read more… Click here: https://www.investors.com/etfs-and-funds/sectors/sp500-banks-grasp-for-32-6-billion-government-life-line-report/?src=A00220
Just nuts
$32.6 billion... a drop in the bucket compared to what's coming.