. >> does it make you feel better or worse that charles schaub says we can cover with liquidity. if every deposit walked out the door, they would be okay? >> maybe for another institution, no, it would be the opposite effect. we saw that with silicon valley bank, when everything was absolutely fine there. sarah did that interview with the schaub ceo, which i thought was excellent, he did a very good job of calming everyone down. i think him putting up real money to 2,000 shares. i think they're doing a better job and that customer base, i think, loves schaub and feels comfortable there. but in general, when a bank ceo says that, that's -- not good. >> we -- we compare, though, jp morgan, we don't compare them, but the money center banks are selling off. and we go back to different periods where we thought there was a credit moment happening. dan's right, whether it's happening or not. you sell banks first and they derate and that's what's going on here. and the fact that the kre and regionals closed at fresh lows through where we were is troubling, but doesn't have to necessarily

charles schaub down nearly 33% morgan stanley, hitting them with a downgrade on fears more cash could be heading out the door and billions of unrealized losses are on the books. but could there be more than meets the eye on this wall street call? >>> and later, magical move for apple? why one pop media analyst thinks the tech giant should buy disney we'll do a little corporate matchmaking of our own this is "fast money," live from the nasdaq market site full desk here tonight and we are going to start with stocks stretching to the finishing of the quarter with another day of gains. nasdaq again leads the way, closing above the 12,000 mark. first time we've seen that in six weeks. s&p 500 and the dow also inching higher, with the industrials now less than 1% from going positive on the year. and take a look at the nasdaq 100, posting its best close of 2023, and now its highest level since back in august big tech helping those gains names like envid ya, meta, tesla, up 50% each but should you be trading this rally or fading it into the close of the quarter tim? >> well, i think you shoul

mark schaub is international partner at the law firm king & wood mallesons which specialises in investmentbody surprised to see a big bounce backin surprised to see a big bounce back in china, the question, how long will this last fall, is this a sign of very strong growth or well it petered out again? growth or well it petered out auain? , ,., , growth or well it petered out auain? _, , growth or well it petered out auain? ,, again? everybody was surprised it bounced _ again? everybody was surprised it bounced back _ again? everybody was surprised it bounced back the _ again? everybody was surprised it bounced back the strongly - it bounced back the strongly and i think is probably that the manufacturing based on export orders, so china was lucky that other countries had come out of covid—i9 beforehand, the other thing is the pmi for non— manufacturing sector was also very strong, a lot of construction work, i think we will see even stronger growth because the domestic economy and demand probably has been able but stunted, and you have already seen hong kong stock market has gone up so th

last month with many customers reallocating a portion into higher yielding cash alternatives within schaubn 18%. back over to you >> thank you frank holland. >>> let's give you a live picture from outside silicon valley bank, at least a branch, there it is in santa clara, california the fdic said today or late yesterday depositors will have full access to their money when the bridge bank opens, that is to bridge what has been seized, take it on and then we'll have regular activity two ceos whose companies had money in the bank. joining us ceo stefan call be and allison greenberg. thank you for being here stefan, start with you, it appears you had more at stake than allison did how worried were you over the weekend and how relieved are you now? have you gotten access to your money yet? >> yeah. i should say this weekend was intense. i thought it was going to be, you know, a nice relaxing weekend with my wife and the kids it turned out to be something very different i have been checking all morning in terms of my e-mail seeing if there's anything from the fdic and silicon valley bank and jus