The big banks today are much more complicated financial entities and they have a lot of different ways to make money. Do they care whether or not they have individual customer deposits? How important is that to a bank? Well, I think the bigger you get, the more diversified your businesses,. The less many banks want to confront right now is a drop in deposits.
Bloomberg News EV Reporter Sean O’Kane discusses Tesla signaling more price cuts ahead despite margin damage. Bloomberg News Space Reporter Loren Grush reports on SpaceX’s Starship rocket exploding shortly after liftoff on Thursday. Rachel Gerring, EY Americas IPO Leader, shares her insight on the current state of the US deals market. Bloomberg Businessweek Editor Joel Weber and Bloomberg Markets Senior Editor Mike Regan provide the details of Mike's Businessweek Magazine cover story Breaking Up With Your Bank Is Easier With 4% Savings Accounts. And We Drive to the Close with Mary Ann Bartels, Chief Investment Strategist for Sanctuary Wealth.
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