Western Alliance Shares Fall on Lack of Deposit Details

The transcript discusses the financial status of Western Alliance, highlighting the increase in FDIC insured deposits and manageable liquidity needs. However, concerns arise due to the lack of updates on deposit trends. The discussion compares Western Alliance with other banks like SVB and First Republic, noting its rapid growth and potential deposit outflow issues. The banking crisis appears to have subsided, with reduced emergency borrowings indicating less liquidity pressure, though some banks may still face challenges.

In what ways has the recent banking crisis affected the perception of liquidity pressures in the banking sector?

What does the decline in emergency borrowings from the banking system indicate about the overall health of the banking sector?