> And as the largest retail banks offer zero interest, it doesn’t quite mesh with that narrative. The point is that large banks have a win-win right now - high

> And as the largest retail banks offer zero interest, it doesn’t quite mesh with that narrative. The point is that large banks have a win-win right now - higher rates make it easier for them to make money, but the fact that people were spooked by regional bank failures means that they don't need to turn around and offer higher rates to attract deposits.