The AT1 issue, I think, is unique to Europe. The Swiss version of these AT1 bonds are a bit unique versus the rest of Europe. And this is after what? You know, credit rating lowered again by S&P, $30 billion in fusion last week. We got some more clarity about how many times it's been tapping into funds. Do we know what the likely outcome is here?
Bloomberg Intelligence Senior Global Banks Analyst Alison Williams and Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan break down the latest news on the turmoil in the global banking sector. Build-A-Bear Workshop CEO Sharon Price John discusses earnings and consumer discretionary spending. Bloomberg Intelligence Senior Technology Analyst Anurag Rana shares his thoughts on Amazon cutting 9,000 more jobs. And we Drive to the Close with Paul Baiocchi, Chief ETF Strategist at SS&C ALPS Advisors.
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