I was expecting some sort of news from first republic or the regulators over the weekend. That didn't happen. The issue is the hope was that this $30 billion deposit injection would calm the markets. And you know, management, I feel like, is now put into a corner and they really have to make a decision on what's really best for their customer and the bank.
Bloomberg Intelligence Senior Global Banks Analyst Alison Williams and Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan break down the latest news on the turmoil in the global banking sector. Build-A-Bear Workshop CEO Sharon Price John discusses earnings and consumer discretionary spending. Bloomberg Intelligence Senior Technology Analyst Anurag Rana shares his thoughts on Amazon cutting 9,000 more jobs. And we Drive to the Close with Paul Baiocchi, Chief ETF Strategist at SS&C ALPS Advisors.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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