Marc Rowan on

regional banks

1 quote · May 2023

Saidverbatim, newest first

  1. Rowan notes that $42 billion left SVB in four hours, fundamentally changing regional bank economics.

    “42,000,000,000 left SVB in four hours without a line. So you're now the CEO of a big regional bank. Your cost of funds is up.”

    1:11 · Bloomberg Television · 1 May 2023 · permalink

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