Major US Banks See $872 Billion in Deposits Exit as Customers Flee to Online Banks
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$260 billion in deposits exited 4 major US banks (JPMorgan, BofA, Wells Fargo, Citi) in past year
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Charles Schwab saw largest deposit outflows of top 15 banks at 31%
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Total deposits at US banks fell 4% year-over-year, around $872 billion
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US banks rapidly closing physical branches, down over 20,000 since 2013
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Investor Kevin O'Leary predicts mass consolidation of regional US banks, cutting number in half
