Charles Schwab faces fallout from SVB collapse and Deutsche Bank risk reading.

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Source: CNBC
Charles Schwab faces fallout from SVB collapse and Deutsche Bank risk reading.
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TL;DR Summary

Citi has upgraded Truist and stated that investors are wrong to compare it with Silicon Valley Bank (SVB) as it is like comparing "apples and oranges". Citi believes that Truist has a strong franchise and is well-positioned to benefit from the economic recovery.

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