With markets on edge, Credit Suisse rescue protects senior creditors; plus, some fintechs thrive

Moody’s analysts discuss the rescue of Credit Suisse, and explain why some fintechs have thrived even in adversity. Also, a look at the ongoing effects of the Russia-Ukraine conflict on CIS banks.

Speakers: Michael Rohr, Senior Vice President, Moody’s Investors Service; Dietmar Hornung, Associate Managing Director, Moody’s Investors Service; Vladlen Kuznetsov, AVP – Analyst, Moody’s Investors Service; Petr Paklin, AVP – Analyst, Moody’s Investors Service; Daniel Yu, VP – Senior Credit Officer, Moody’s Investors Service; Arlene Sohn, Analyst, Moody’s Investors Service; Rodrigo Marimon Bernales, Analyst, Moody’s Investors Service; David Yin, VP – Senior Credit Officer, Moody’s Investors Service

Hosts: Carolyn Henson – VP, Senior Research Writer, Moody’s Investors Service; Danielle Reed, VP – Senior Research Writer, Moody’s Investors Service

Related Research:

• Financial Stability – Switzerland: Low sovereign credit risks from events leading to UBS's takeover of Credit Suisse unless contagion spreads
• Banks – Europe: Credit Suisse rescue and related liquidity measures protect senior bank creditors, but AT1 bondholders bear a cost
• Banks - Commonwealth of Independent States: Ukraine invasion provides gains for some CIS banks but long-term challenges mount
• Banks – Australia: Challenges for new banks are increasing but opportunities to grow still remain
• Banking – South Korea: Expansion of Korea's virtual banks a credit negative for incumbents
• Banks – Mexico: How challengers are unlocking Mexico's underserved credit market