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Regional Banks Face Heavier Regulation After SVB
Bloomberg Businessweek
Investing in a Money Market Fund
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There may be other regional banks that similarly mismanaged their interest rate risk we don't know all of the details. Corporate treasurers asking themselves do i really want to have money in deposit accounts any longer why shouldn't i take the excess cash that i've got and sweep it into a money market fund? These changes will happen they will take place they will transform the american banking landscape I wouldn't be surprised if maybe even as little as 18 months from now things look vastly different what i want, says erica loomburg.
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