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Surveillance: Markets with Wu Silverman

Bloomberg Surveillance

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Western Alliance Shares Up 11% in Pre-Market Trading

Western Alliance shares up more than 11% in pre-market trading. Pac West shares also up about 11%. Do you think that this is right that deposit strength in one bank really suggests a stabilization in the entire regime? We're normalizing in terms of deposits and funding mix in the industry, I don't see big disintermediation.

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