RiskReversal Pod cover image

The Market’s Dirty Little Secret with Mike Wilson of Morgan Stanley

RiskReversal Pod

00:00

The Risks of Consolidation

There's so many risks that are there that aren't being priced. First Citizens Bank who bought the assets from Silicon Valley Bank was trading in mid-March at like $505 right now is trading $5 below $1,000. I don't think the whole banking system's going down. I think there's just going to be more consolidation. Every cycle ends in a certain way.

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