What customers are telling banks they care about in this election year

It’s been a year since the collapse of Silicon Valley Bank and the regional banking crisis that ensued. From a bird’s-eye view, not much has changed in the intervening period.

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. It’s been a year since the collapse of Silicon Valley Bank and the US regional banking crisis that ensued. From a bird’s-eye view, not much has changed in the intervening period. Inflation has come down but interest rates remain high and economic data is still coming in strong. Fears about the health of the real estate market, and a confusing economic landscape, leave commercial banks questioning what comes next. Before the Bell spoke to Chris Giamo, head of commercial banking at TD Bank, about the health of American depositors and his overall outlook on economic growth and markets. This interview has been edited for length and clarity. Before the Bell: Employment data for February came in hotter than expected, but there was some weakness in wage growth and December and January numbers were both revised lower. Wall Street had a mixed reaction. But what does it mean for banks?