Large banks see influx of new depositors following SVB collapse


SVB collapse sees new depositors flock to big banks – CBS News


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Following the collapse of Silicon Valley Bank and regional banking fears, larger U.S. banks have seen an increase in new depositors looking to secure their money. Stephen Gandel, U.S. banking correspondent at The Financial Times, joined CBS News to discuss the fallout and how major U.S. banks are responding.

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