
The Credit Crunch is Here
The Macro Trading Floor
00:00
The FDIC and JB Morgan Deal on First Republic Bank
Jimmy Diamond: FDIC and JB Morgan deal on First Republic Bank almost incentivizes large banks to wait for receivership before they try to save them. "This 80-20 loss share split is amazing in my view," he says. The European Central Bank deposit trade is now over 3%. 'It's been a very long time since we have seen something like this in Europe'
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.