Live Updates > Live Update Details
2026-09-16 03:20:09
The co-president of JPMorgan Chase stated that competition in the high-quality deposit sector is exceptionally fierce. Currently, the banking industry generally considers stable, high-quality deposits as one of its core operating objectives. These deposits not only have more stable funding sources but also relatively controllable overall costs, providing solid liquidity support for institutions' lending and business expansion. Therefore, competition for high-quality deposits within the industry remains consistently intense.
