Kevin OLeary's advice for CEOs right now

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30 May 2023

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#KevinOLeary #youtube #stockmarket The sudden failure of Silicon Valley Bank is rattling the banking sector. Many regional bank investors were quick to sell stocks like First Republic Bank (FRC), Truist Financial Corporation (TFC), Western Alliance Bancorporation (WAL) and Citizens Financial Group (CFG). This banking sector upheaval has led some companies to question how and where they bank. For executives looking for direction, “Shark Tank“ star Kevin O'Leary has some advice, “do not put more than 20% of liquid assets in any one institution.“ Yahoo! Finance's Dave Briggs and Seana Smith speak with Kevin O'Leary in a full interview here. Key video moments: 0:00:05 - SVB failure falls on poor management 0:00:55 - Advice to executives during a financial meltdown Don't Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance:

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