Fast Action To Prevent SVB Contagion
Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management
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Markets are still reverberating from the collapse of Silicon Valley Bank, with regional banks taking a hit over stability concerns. We discuss the response of the Fed and US regulators to limit spillover effects, as well as how this affects monetary policy moving forward with Joe Quinlan of the US Trust-BOA Private Wealth Management.
Image credit: Shutterstock
Produced by: Michael Gong
Presented by: Shazana Mokhtar, Keith Kam
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Categories: markets, international, Corporates
Tags: svb collapse fallout, silicon valley bank, us treasury,