Maxfield on Banks
@MaxfieldOnBanks
banking and leadership / "the best newsletter in banking" / see link below for my work
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"Don't do anything stupid. And don't waste money. Let everybody else waste money and do stupid things; then we'll buy them." - Jamie Dimon
never seen anything like first republic bank's first-quarter earnings loses $100b in deposits (partially offset by $30b from big banks) then backfills with short-term financing a...
everything is fine until it isn't thread https://t.co/SiJATVQJcC
It's easy to talk about doing the right thing. But hereβs a remarkable story about a CEO who actually did. 1/ https://t.co/c4EMAJemNQ