Banks Are Awash in Liquidity, But How Long Will It Stay That Way?

Banks saw record inflows of deposits during the pandemic. But just how sticky are those customers—and deposits—going to be? Scott Hildenbrand, chief balance sheet strategist and head of financial strategies group for Piper Sandler, talks about the common fears bankers are facing right now when it comes to funding and liquidity—and what they need to be doing now to prepare for the uncertain road ahead.