@The Real Cavalier And how do they recoup ~$1B in MBS @~2.2%?…nobody will touch those with a 10 foot pole. SVB was low paying Treasuries, how’s that different? I had a lot of money parked at Suntrust and when BBT started taking over, their investment department was a disaster and I moved it to my Schwab account, and this afternoon I just moved another another 6 figures in cash to Schwab from Truist…
Unfortunately, smaller banks are at a crossroads and better “safe than sorry”…GL if your invested in TFC
Source: seekingalpha.com
