US banking industry not facing a liquidity crunch: Morgan Stanley

After California-based Silicon Valley Bank (SVB) collapsed on Friday, Morgan Stanley analysts, in a note, said the US banking sector is not facing a liquidity crunch. "We want to be very clear here...We do not believe there is a liquidity crunch facing the banking industry, and most banks in our coverage have ample access to liquidity," analyst Manan Gosalia said.