Bob Michele (JP Morgan's CIO) on Bloomberg this morning talking about the Fed's emergency BTFP interventions & the liquidity crisis in banks.
He also specifically mentioned Truist Bank 😬
Truist Bank has over $500 billion in assets & could be on the verge of failure along with Charles Schwab
(twitter.com)
💥 BANK COLLAPSE 💥
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (94)
sorted by:
My paychecks are drawn from them... I haven't banked since 2003 ;)
Smart man!