Chart of The Day: European Banks Flee Each Other Like Rats From A Sinking Ship

European banks are fleeing each other. They have been steadily and aggressively withdrawing their own cash from deposits they hold at other banks. This trend has continued since 2014 when the ECB began its latest round of QE.

European Banks Flee Each Other- Click to enlarge

Click here for a complete illustrated review to find out what the state of deposits and loans are telling us about the European banking crisis.