BBCNEWS World Business Report June 4, 2024 04:38:00
Clearly, markets believe there is going to be more banks to go before this all settles down. what are your thoughts? investors are often quite edgy at this point, even the ceo of jpmorgan following the purchase of first republic suggested that he thinks we are now at the kind of first segment of this and that there is going to be other things to come. not necessarily bank failures but i think what he is probably alluding to is maybe some consolidation within the bank. you've got to remember there are thousands of us banks and i think many of them have not been prepared for the sharp rise in in...
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