Did QE Make Banks Say No To More Money? 2

Big American Banks are turning away large corporate deposits

Why would a bank turn away deposits?

Considering that banks always seem to be competing for deposits, together with their reputation for being greedy; hearing (or reading) that they are turning away money seems incomprehensible.

But, before we can answer that question, we first need to understand what deposits are to banks, and how they are related to bank reserves.

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