Author: Lily Harper

Stay informed with free updatesSimply sign up to the US banks myFT Digest — delivered directly to your inbox.No one has ever accused the Federal Reserve’s research division of working too quickly. Delayed findings can still be interesting, though. Take this recent paper, which reviews the US’s regional bank run in March 2023. For readers who were following Alphaville’s coverage at the time, some findings won’t be terribly surprising: It was mostly large depositors who pulled their funds, meaning companies and investors rather than individuals. And they yanked cash from banks with weak balance sheets. But this bit of information…