I think the risk that we're seeing is the risk that maybe many didn't have top of mind before now, and that's social media risk. I mean, it's going to sound like wildfire, whether it's Twitter, Facebook, Instagram, you name it. And so how do you manage against that even though it's a very conservative bank that they're talking about? That's the thing. It's sort of a thought exercise. But How much did this sort of heard think that we've heard around what happened at SBB? Do you think actually a contributing factor here? First republic was significant.
Bloomberg Opinion Columnist Matt Levine discusses his piece Startup Bank Had a Startup Bank Run. Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan and Anna Kooi, National Financial Services Leader at Wipfli, talk about the Silicon Valley Bank collapse and contagion concerns. Mary Buckley, Interim CEO of IDA Ireland, shares her thoughts on the global business health for Ireland. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporter Austin Carr provide the details of Austin's Businessweek Magazine story Uber for Trucks? Why Freight’s Future Is More Than Just Apps. And we Drive to the Close with Liz Young, Head of Investment Strategy at SoFi.
Hosts: Carol Massar and Katie Greifeld. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.