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?

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode