Bank turmoil and energy markets
Plugged In: the energy news podcast
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The European Banking Sector Is in a Different Position to the Global Financial Crisis
The biggest, most systemically important banks are much better capitalized than they were pre-crisis and should be relatively resilient. But we are still likely to see some stress at some of the smaller and medium sized US banks. I think if we see a more rapid pullback on commercial real estate commitments and losses on some of those assets, we could see that drive continued concerns about that sector.
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