Tim Byrne, Eric Daucher and Tom Delaney join Todd Alexander to discuss the formation of the bridge banks for Silicon Valley Bank and Signature Bank and what to expect from them and government regulation going forward. We get into what will happen in terms of loans, outstanding credit arrangements and contractual obligations, the good news for depositors, how the bridge banks are backed, the effects on the Silicon Valley Bank parent company and the warrants the bank had, the outlook for tighter regulation of mid-size banks in the future, the next steps for a potential auction, and more.
