TBC Information Network

Teal, Becker & Chiaramonte offering valuable insights, impressions and commentary on today's financial and business world.

March 19, 2023 – Rob Kind, Managing Shareholder, in the Albany Business Review

How Albany-are companies are handling cash management after SVB fall

“In the last week with what happened out in California, now people are wondering do I have too much cash in one place and is it safe,” Kind said. “Conversations have changed from, ‘Make sure you get a good return on your cash.’ To, ‘Where is your cash? Do you have a couple of banks that you’re using? And are you diversifying your risk a bit?'”