Skip to content
SQUAWK BOX, TUESDAY 28TH MARCH, 2023 episode artwork

Mar 28, 2023 29 min

SQUAWK BOX, TUESDAY 28TH MARCH, 2023

from Squawk Box Europe Express

The Federal Reserve’s top banking regulator calls the collapse of SVB “a textbook case of mismanagement”, blaming oversight at the start-up lender as Washington officials set up congressional hearings. Shares at First Citizens Bank soar following the deal with the FDIC to sweep up SVB’s deposits and loans. CEO Frank Holding tells CNBC the move will shore up confidence in the deposit system. Doubleline Capital’s Jeffrey Gundlach urges investors to sell into the rallies after warning a U.S. recession is imminent. And in crypto news, U.S. regulators sue exchange Binance and its CEO CZ for allegedly violating compliance rules to attract American consumers.

Episode details come from the podcast's RSS feed.

Embed this episode

Ready to play

SQUAWK BOX, TUESDAY 28TH MARCH, 2023

0:00 29:20

No transcript yet.

Requests help us decide what to transcribe next.

Frequently asked questions

How long is this episode of Squawk Box Europe Express?

This episode is 29 minutes long.

When was this Squawk Box Europe Express episode published?

This episode was published on March 28, 2023.

Can I download this Squawk Box Europe Express episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.