SBB sold right to Massets, they did what they needed to do to kind of shore up or buy that. If there had not been a run, you know, they were sort of generally aware of this problem. So if I were in charge of a regional bank right now, would the answer be different than it was a week ago? "I might sit very, very, very still," he says.
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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