Scott Hildenbrand

Scott Hildenbrand, Chief Balance Sheet Strategist at Piper Sandler, sheds light on the challenges facing community banks in the U.S. since the SVB crisis. He discusses how depositor sentiment is shifting towards larger institutions and the growing pressure on smaller banks. The conversation delves into the risks of traditional banking models, the necessity for technological adaptation, and the inevitable consolidation of the banking sector. Hildenbrand emphasizes the importance of community relationships and innovative strategies to attract younger customers amidst these changes.