Banking Turmoil: First Republic's $30B Rescue, SVB Bankruptcy, White House Reaction 3/17/23
Squawk on the Street
00:00
Is the Liquidity Facility Taking Time to Price in the Actions?
Wally Adiamo: Are you surprised that we're still not seeing all these worries calmed as a result of some of the swift and determined action that you guys and some of the other regulators have taken? And how do you spend your weekend given that some of these worries are still very much out there front and center? Sarah, we're definitely still remain vigilant. We know that the market is taking time to price in the actions that have been taken by regulators but also by the biggest banks. But ultimately, what we've seen over the course of the week is that because the actions we took over the weekend, we have seen deposit outflows stabilized within these institutions and in some of
Play episode from 16:07
Transcript
