When a bank fails it's so essential to figure out what happened and ensure the same mistakes won't be made again that's why we did this. Jamie diamond was in d.c. yesterday talking with treasury secretary jannett yellen to make sure that you know this 30 billion that end up in in first republic could it could happen right? That actually shows how much attention there is on this stuff, eric says.
Bloomberg News Wall Street Reporter Sonali Basak and Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan break down the latest news on the uncertainty in the baking sector following the collapse of Silicon Valley Bank. Lands’ End CEO Andrew McLean discusses the apparel maker's earnings and the impact of inflation on consumers. Dr. Paul Spiegel, Director of the Center for Humanitarian Health at the Johns Hopkins Bloomberg School of Public Health, talks about the health issues as a result of earthquake that rocked Turkey and Syria. Bloomberg Businessweek Editor Joel Weber, Businessweek Markets and Finance Editor Pat Regnier and Bloomberg News Editor-at-Large Erik Schatzker discuss Businessweek Magazine’s coverage of the Silicon Valley Bank collapse. And we Drive to the Close with Vance Howard, CEO at Howard Capital Management.
Hosts: Carol Massar and Mike Regan. Producer: Paul Brennan.
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