Deposit Guarantees May Not Be Needed: Schwab's Jones

The video discusses the current challenges banks face in managing deposit outflows and liquidity, drawing parallels to the savings and loan crisis. It highlights the increased role of social media in influencing banking dynamics and the need for strategic efforts to address these issues.

What does the speaker suggest is necessary for banks to resolve their current issues?

Evaluate responses using AI:

OFF

What are the potential consequences of deposit outflows as discussed in the text?

Evaluate responses using AI:

OFF