Too-Big-to-Fail Lenders Rake In Deposits After Three Banks Fail

After the back-to-back collapse of three smaller banks, their biggest US counterparts are seeing a rush of depositors fearful the crisis will spread.

JPMorgan Chase & Co., the largest US bank, alone received billions of dollars in recent days, and Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. are also seeing higher-than-usual volume, according to people with knowledge of the matter. Representatives for the firms declined to comment or didn’t respond to messages.

“The top six banks in the US are and have been too big to fail, the financial crisis over 10 years ago demonstrated ...