Keybanc analyst Josh Beck downgrades PayPal Holdings (NASDAQ:PYPL) from Overweight to Sector Weight.
Are Regional Banks Facing A Deposit Outflux In The Aftermath Of The Collapse Of Silicon Valley Bank and Signature Bank? Here’s What Fed Data Says
To no one's surprise, the ongoing crisis in the banking system started with run-ins on deposits held by the now-collapsed Silicon Valley Bank and Signature Bank, as underlined by recent data from the Federal Reserve.