Question

Go to any financial institution website (EXCEPT JP MORGAN CHASE) and find its latest Sources and Uses of Funds Statement. How to have the sources and uses changed since March 2015.

Answer 1

Answer- I will be giving the statement analysis for Bank of America.

1. Loans and leases

The number of loans have increased by a huge number from 2015. The reason for the increase in the loan is due to commerical clients taking loans which was not the case before 2015. Approximately $9 billion per year the loan amount has increased from 2015.

2. Cash

The amount of liquid cash has fallen down in the market because of the loans that have been granted to commercial clients.

3. Trading accounts

Trading account assets increased $3.7 billion every year primarily driven dur to demand of the client within Global Markets.

4. deposits

Deposits increased $63.7 billion in the year 2017 mainly due to an increase in retail deposits.

These are some of the components of the things that have changed in the recent 5 years in the finanical sector.

Do give a thumps up.