Is There Any Alternative to Tech? And Big Banks Come to the Rescue of First Republic 3/16/23
CNBC's "Fast Money"
00:00
The Need for Capital Is a Question, Karen.
The need for capital really is a question, Karen, of how big the balance sheet is. I do believe that many investors who polled deposits from first republic were doing it just out of an abundance of caution to see if the bank would fail. If we give them another couple of weeks and months, this can stabilize and then the bank sees where their new pro form of balancesheet is.
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