The new Fed facility helps you manage the queries. The whole issue in my view is that the regulators backstopping the deposit tours of both SBB and signature. It seems like it's falling on deaf ears that the market doesn't feel like the liquidity risk issue has been taken off the table. Do those banking clients that you guys have and customers feel like the government is going to be there to backstop whatever they need?
Bloomberg Opinion Columnist Matt Levine discusses his piece Startup Bank Had a Startup Bank Run. Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan and Anna Kooi, National Financial Services Leader at Wipfli, talk about the Silicon Valley Bank collapse and contagion concerns. Mary Buckley, Interim CEO of IDA Ireland, shares her thoughts on the global business health for Ireland. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporter Austin Carr provide the details of Austin's Businessweek Magazine story Uber for Trucks? Why Freight’s Future Is More Than Just Apps. And we Drive to the Close with Liz Young, Head of Investment Strategy at SoFi.
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