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Christopher Wolfe, Managing Director and Head of North American Banks at Fitch Ratings
*This video was recorded on May 21, 2024
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0:00 - Intro 1:16 - US sovereign downgrade 2:40 - Is today like 2008? 5:15 - Deteriorating banking sector 7:30 - Consumer stress 11:12 - Large vs small banks 14:00 - Changing regulations 16:20 - CRE 'highly vulnerable' 21:20 - Residential real estate 22:35 - Fitch bank ratings 27:00 - Worst case scenario 29:07 - M&A activity
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