Surveillance Special: UBS to Buy Credit Suisse
Bloomberg Surveillance
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Is There a Systemic Risk in Community Banks?
Stephen Baker, Financial Institutions Research Director at ARKUS joins us right now. What do you make of what Secretary Yellen just had to say there on the Capitol Hill? I think we have a deposit catharsis going on today and which more money is going to continue to leak out of smaller banks and into large institutions that are deemed systemically important.
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