Surveillance: Transition Period with Zelter
Bloomberg Surveillance
00:00
The Deposit Crisis and the Business Model Question
Jim Cevallos: I want to start with the days after SVB collapses. This is like your moment to make things happen, how difficult was it to deploy it? He says he's been very busy on all sides of his business; there's a transition with a higher cost of capital in debt financing across all the markets. Can you describe the spaces right now where you expect traditional banks to retrench from and where you think there's opportunities for you to step in even more?
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