Global Financial Crisis Part Deux? Unlikely: Credit Chat
Global banks are much better positioned from a capital and liquidity perspective than they were heading into the 2008 financial crisis, yet pockets of concern are beginning to percolate. Bloomberg Intelligence’s analysis suggests solid credit quality is supported by considerable liquidity, but potential funding needs for U.S. Bancorp, PNC Financial, Truist and Mitsubishi UFJ may create bond-pricing anomalies, while Credit Suisse’s ultimate fate is a major question mark.
In this Credit Chat edition, Senior US, European and Asia Bank Analysts Arnold Kakuda, Jeroen Julius and Pri de Silva join…
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