20 min listen
SQUAWK BOX, TUESDAY 28TH MARCH, 2023
ratings:
Length:
29 minutes
Released:
Mar 28, 2023
Format:
Podcast episode
Description
The Federal Reserve’s top banking regulator calls the collapse of SVB “a textbook case of mismanagement”, blaming oversight at the start-up lender as Washington officials set up congressional hearings. Shares at First Citizens Bank soar following the deal with the FDIC to sweep up SVB’s deposits and loans. CEO Frank Holding tells CNBC the move will shore up confidence in the deposit system. Doubleline Capital’s Jeffrey Gundlach urges investors to sell into the rallies after warning a U.S. recession is imminent. And in crypto news, U.S. regulators sue exchange Binance and its CEO CZ for allegedly violating compliance rules to attract American consumers.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 28, 2023
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, FRIDAY 22ND MARCH, 2019 by Squawk Box Europe Express