Performing Credit Quarterly 1Q2023: Flight Risk
The Insight by Oaktree Capital
00:00
The Banking Turbulence Continues
We expect this volatility to persist, but not because we're anticipating a 2008-style financial crisis. SVB was particularly vulnerable to rising interest rates due to its concentrated depositor base and exceptionally poor risk management. But the banking turmoil remains significant because of the impact it could have on credit conditions and investor psychology.
Transcript
Play full episode
