Banking Stress is Back Again
Real Vision: Finance & Investing
00:00
The Hangover of the Banks Rolling Into Systemic Risk
First Republic is one of several banks that have suffered from low interest rates. The bank bought bonds at a time when they didn't hedge them, which has led to credit risk in the banking sector. And now deposit rates for every deposit are starting to tick up and will squeeze NIMM margins until loan book adjusts with higher rate.
Play episode from 06:15
Transcript
