The stock prices of both banks declined over the weekend and at the end of the week as a result of negative press.
Ever since the failure of Silicon Valley Bank, markets have been waiting with bated breath for another shoe to drop. Coming into the weekend, it looked like Deutsche Bank and Charles Schwab were the most wobbly. NLW explores whether there is actually a reason to be concerned or whether fintwit (and short sellers) are just looking for another mark.
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“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Wong Yu Liang/Getty Images, modified by CoinDesk.
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