Rowan notes $42 billion left SVB in four hours, challenging regional bank CEOs' business models.
“42,000,000,000 left SVB in four hours without a line. So you're now the CEO of a big regional bank.”
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.”