Surveillance: Banks In 4% Rate World
Bloomberg Surveillance
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The Role of the Banks in the Current Crisis
I think it's possible and hopeful that there's not going to be an open crisis like we've seen in the past. But clearly put a lot of softness in the banking sector, particularly regional banks which land to small and medium enterprises. The first thing they do for sure is not make new loans. And then probably they're going to try to slowly divest their securities when they can.
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