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SVB Collapse Continues to Have an Impact
Bloomberg Businessweek
I'm Going to Sell My Bank Stocks, Right?
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Banks are being sold off like crazy, especially some of these smaller regional banks. I would not have expected big runs on all these banks after a weekend of the Fed saying, kind of we're going to do everything it takes to make sure that these deposits are fine. One possibility is that this is a problem that people were not focused on a week ago. And now the drama of this weekend has sort of brought focus to this to this problem.
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