Zions Bank CEO Reassuring Customers

Zions Bank CEO Reassuring Customers

(Salt Lake City, UT) — The CEO of Zions Bank is assuring customers their money is safe, following the collapse of Silicon Valley Bank and Signature Bank. Shares in Zions Bank cratered before recovering on Monday, opening at 40 dollars and 35 cents on the Nasdaq, then sinking to 22 in mid-morning trading, and closing at a few cents under 30 dollars a share. CEO Scott Anderson said on Monday that Utah-based Zions Bank has “access to tens of billions of dollars.”