First Citizens to Buy SVB After Bank Failure

Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan and Josh Rosner, Managing Director at Graham Fisher & Co., discuss the latest with the uncertainty in the banking sector and First Citizens buying Silicon Valley Bank. Bloomberg New Economy Editorial Director Erik Schatzker explains how the lack of response to China's reopening from a trio of billionaires says a lot about whether that message is really hitting home. Bloomberg Businessweek Editor Joel Weber and Businessweek Freelance Contributor Chris Pomorski share the details of Chris's Businessweek story How a Texas Preacher With an Ivy League Ph.D. Stole $24 Million. And we Drive to the Close with George Young, Portfolio Manager at Villere Funds. Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.