📰 BILL ACKMAN- HEARING BANK OF AMERICA IS GOING TO BUY SIGNATURE BANK ON MONDAY; UNLESS AND UNTIL UNINSURED DEPOSITS ARE PROTECTED, COST OF CAPITAL IS GOING TO RISE FOR SMALLER BANKS

BILL ACKMAN- HEARING BANK OF AMERICA IS GOING TO BUY SIGNATURE BANK ON MONDAY; UNLESS AND UNTIL UNINSURED DEPOSITS ARE PROTECTED, COST OF CAPITAL IS GOING TO RISE FOR SMALLER BANKS