The Future of Banking

Jay Powell was talking about how Silicon Valley Bank was the quickest bank run they've ever seen. Frost: Does that make a case for some of these banks, their deposits on the back end of this actually becoming a little bit more sticky because of regulation? Frost: I don't know how they can force management to do it if management believes that they don't need to do it. These aren't shocking numbers and they're kind of. Expected in some cases, right? So like, but it was a problem.