We also expect to be a lot more aggressive about marketing.
That money doesn't only apply to employees who might be leaving. We'll use some of that money to get some employees to help us create value in the future.
The big money in the banking business is in collecting retail deposits. They ebb and flow with the interest rate cycles but always provide a deep cushion of money you can use to invest.
The yield curve inversion is something I think we're going to be living with probably longer than most people would hope. It is something that will take its toll on regional banking over time.
It means business as usual plus a little more of a push at expansion.
