Big Banks Sure Are Quiet These Days
Regulators seized another bank over the weekend, as the federal government came up with a plan to use money from a fund paid into by U.S. banks to make SVB's depositors whole again.
(0:21 ) Jason Moser discusses:
- Signature Bank failing and shares of First Republic Bank falling 60%.
- Why "bailout" is probably not the right word to describe what's happening
- How big banks like JPMorgan Chase and Bank of America are gaining strength simply by going about their business
(11:20 ) We're celebrating our own version of "March Madness" by having analysts face off, bracket-style, as they go head-to-head over which stock is a better buy. Jim Gillies and Jim Mueller kick off the week with a biotech software company and a well-known real estate broker.
Companies discussed: SIVB, SBNY, FRC, SCHW, BAC, JPM, SDGR, RMAX
Host: Chris Hill
Guests: Jason Moser, Jim Gillies, Jim Mueller
Producer: Ricky Mulvey
Engineers: Dan Boyd, Kyle Carruthers