Charles Schwab faces fallout from SVB collapse and Deutsche Bank risk reading.
TL;DR
Citi has upgraded Truist and stated that investors are wrong to compare it with Silicon Valley Bank (SVB) as it is like comparing "apples and oranges". Citi believes that Truist has a strong franchise and is well-positioned to benefit from the economic recovery.
- Citi upgrades Truist, says investors are wrong to make 'apples and oranges' comparison with SVB CNBC
- Charles Schwab stock begins recovery following SVB fallout, Deutsche Bank risk reading Yahoo Finance
- Charles Schwab CEO says firm has liquidity, not seeking capital or deals Reuters.com
- Charles Schwab CEO says firm is seeing significant inflows and that he bought the stock Tuesday CNBC
- Charles Schwab feels heat after SVB collapse Financial Times
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