Large banks pay more salaries, than interest. Does it matter?

[s1artibartfast]

This is a pretty pity analysis that doesn't go into depth about what the banks actually do and they're placing the macroenment. Interest on cash deposits is becoming less of the business focus for some banks while managing Investments is becoming more.

[pcvetkovski]

In 2022, JPMorgan Chase Bank paid $34 billion in salaries to employees vs. $16 billion in interest to depositors.