• April 13, 2023
  • 1 minute read

Why Schwab Got Hit in the Panic Over Regional Banks

Like Silicon Valley Bank, the company holds billions in bonds that have declined in value. But it has access to billions in cash, if needed, analysts say, and is much more diversified.  Like Silicon Valley Bank, the company holds billions in bonds that have declined in value. But it has access to billions in cash, if needed, analysts say, and is much more diversified.  Like Silicon Valley Bank, the company holds billions in bonds that have declined in value. But it has access to billions in cash, if needed, analysts say, and is much more diversified.