Barth Report on Brokered Deposits
The Utah Center for Financial Services has released the report “Bank Funding Sources: A New Look at Brokered Deposits” (“The Barth Report”) by Dr. James Barth and his colleague, Yanfei Sun. In it they examine brokered deposits in the context of their origin, regulatory history, use, and performance. They also studied fifty-nine studies on the causes of bank failure/instability to understand how brokered deposits effect bank failures. The report concludes with a discussion of the role of brokered deposits in technologically-oriented financial marketplace.