https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/first-horizon-evaluating-rapid-deposit-outflow-scenarios-in-new-stress-tests-76181205 First Horizon evaluating rapid deposit outflow scenarios in new stress tests.

First Horizon evaluating rapid deposit outflow scenarios in new stress tests

In wake of the recent industry turmoil, First Horizon is examining how its liquidity would hold up when faced with rapid deposit outflows.

We really haven't done a stress scenario as an industry of what happens in a 24 hour, what happens in a 48 hour," Dmuchowski said. "Really, what happened to First Republic Bank and Silicon Valley, I think, has us all rethinking how we think about those funds."