The phrase "a wave of withdrawal" is correct and usable in written English.
It can be used to describe a sudden or large-scale retreat or decrease in participation, support, or engagement in a particular context.
Example: "The recent economic downturn has led to a wave of withdrawal from the stock market, leaving many investors anxious about their portfolios."
Alternatives: "a surge of retreat" or "a tide of disengagement".
The prosecutions at SK and the new government's anti-chaebol talk touched off a wave of withdrawals from investment funds and sent stock and bond markets reeling.
Unlike other hedge funds that can be forced to shut down after a wave of client withdrawals, SAC is in an unusual situation.
A week later, amid a wave of deposit withdrawals, the government seized the bank and sold it to JPMorgan Chase for $1.9 billion.
The news of the investigation of Peter J. Eichler Jr., the money manager, came as his firm, Aletheia Research and Management, filed for bankruptcy protection late Sunday after a wave of client withdrawals amid weak performance and regulatory issues.
SAC Capital Advisors, the besieged hedge fund owned by the billionaire stock picker Steven A. Cohen, has told its employees that it will survive a wave of investor withdrawals during the government's intensifying investigation into possible insider trading at the firm.
Some politicians, especially in Britain, grumbled that the Irish move may be contrary to European Union competition law.The Reserve Bank of India stepped in to reassure depositors that ICICI was financially sound amid reports of a wave of cash withdrawals from the bank.
The hedge fund giant SAC Capital Advisors is steeling itself for a possible wave of withdrawal requests from clients amid the government's intensifying scrutiny of its trading practices.
Exactly one week earlier, Bear Stearns disclosed that two hedge funds specializing in subprime debt run by its asset management arm were facing a sudden wave of withdrawals by investors, the hedge-fund equivalent of a run on the bank.
While still small, this kind of transfer echoes the larger move hedge funds made as Lehman teetered in 2008, when a tidal wave of withdrawals helped sink the bank.
The news of a final wave of withdrawals comes days after SAC quietly closed Parameter Capital, one of its trading units, and disclosed in a securities filing that it had reduced its stock positions by $2 billion as of June 30 in anticipation of having to fulfill its investors' withdrawal requests.
