Deregulation affected banks sub-hundred, $250 billion. Silicon Valley bank is not a community bank. And one can argue, had its own complexity. So is the system ripe for consolidation? I think that will become more obvious as we see pressures on profitability.
Bloomberg News Economics Editor Molly Smith and Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams break down market and economic reaction to a variety of data and look ahead to a busy week coming up. Ana Arsov, Co-Head of Global Banking at Moody’s, talks about the banking sector after a week of earnings results. Rob Frasca, Managing Partner at Cosimo Ventures, shares his thoughts on traditional finance getting into the crypto game. Dr. Ian Lustbader, Clinical Professor of Medicine at NYU Langone, discusses the pros and cons of obesity drugs. And we Drive to the Close with Ryan Detrick, Chief Market Strategist at the Carson Group. Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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