, but SVB's uniquely high exposure to bonds means its implosion won't necessarily spill over to other areas of the banking sector, Cassidy said.
"This bank is different because they don't have low-cost consumer funding like other banks do," Cassidy said.
Suuuuure it won’t
He’s just saying this in the hope of squelching a panic
Oh RBC said it, it must be true then, I'm going to sleep well tonight
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: